Climate Finance Post-Copenhagen: The $100bn questions

Look Inside Climate Finance Post-Copenhagen: The $100bn questions
10 pages

Authors
Gore, Tim

Publication date
31 May 2010

ISBN
9781848142725

Publisher
Oxfam International

Series
Oxfam Briefing Notes

Type
Policy paper

Climate change is the single greatest threat to development – making the battle to overcome poverty ever harder and more expensive. Finance is urgently needed to help vulnerable communities adapt to a changing climate. Last year the World Bank estimated the costs of adaptation in poor countries were $75–100bn per year if global warming was kept to 2°C. The non-binding pledges from rich countries to cut emissions offered since Copenhagen would steer a course towards a catastrophic 4°C.

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