Supposedly to help developing nations
(SMH) Developing countries may need as much as $US250-$US500 billion ($270-$A40 billion) per year by mid-century to deal with the fallout from climate change, a UN report has warned.
The projected amount was as much as five times higher than previous estimates and significantly more than today’s spending on climate adaptation, said the United Nations Environmental Programme (UNEP), which warned of a “significant funding gap after 2020”.
“The impacts of climate change are already beginning to be factored into the budgets of national and local authorities,” UNEP executive director Achim Steiner said in a statement on Friday.
It’s a big slush fund for redistributing money. Again, another Progressive goal. Notice that they do not like to donate their own money, just Other People’s” money.
