Asian Spectator


The Times

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The world’s largest climate finance deal was built to flounder: why funding fails to reach the front-line

  • Written by Nikita Sud, Professor of the Politics of Development, University of Oxford

Adopted in December 2015, the Paris Agreement commits countries to keeping global temperature rise below 2°C above pre-industrial levels.

All 195 signatories set their own plans to meet this shared goal. However, UN climate negotiations acknowledge that wealthy nations bear the greatest responsibility for climate change.

Because of their wealth...

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