How climate financing works, and why it’s crucial to the COP26 summit

How climate financing works, and why it’s crucial to the COP26 summit

One of the key tenets of the 2015 Paris Agreement was that richer countries such as Canada would provide financial assistance to developing countries to help them achieve their climate targets. We take a look at how the financing is supposed to work and how countries are doing in meeting the promised $100 billion US a year commitment. 
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