Feature

Background: The 100 billion dollar promise

Share
Copied!

Published: November 24th, 2023,
Last updated: May 30th, 2025

Grüne Investitionen Münzen Haushalt
Developed countries had promised to mobilize 100 billion dollars a year for the climate.

What it’s about:

At the otherwise failed COP15 climate summit in Copenhagen in 2009, developed countries pledged to „mobilize“ 100 billion dollars annually from 2020 for climate adaptation and mitigation in developing countries. The money is intended to help countries that have contributed very little to the climate crisis but are most vulnerable to it.

Sign up now and continue reading immediately

No credit card details required. No automatic renewal.

Share
Copied!