Environment Minister Steven Guilbeault said Canada will not increase the target for how much to raise from rich countries to help developing nations cope with climate change. Canada and Germany were tasked with raising US$100 billion per year for the effort by 2020, a deadline they missed and have since pushed to 2023. The actual amount of climate financing developing countries need is closer to US$1 trillion, according to a new report from the U.K. and Egypt. (The Logic)
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