Rejection of the UN Green Climate Fund

China has now become the largest CO2 emitter, yet it refuses to participate in the UN fund for financing climate action in developing countries. The People’s Republic intends to allocate funds only through self-managed channels. China’s climate financing remains opaque and falls far short of its own commitments.

Today in Bonn, there is a significant discussion about money: The donor countries of the UN Green Climate Fund are gathering in the former federal capital to announce their contributions to the climate fund for the next four years. Some states, such as Germany, have already disclosed their pledges (two billion euros).

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