At COP26, rich countries yet again failed to meet their insufficient $100 billion target, and blocked attempts to introduce compensation for loss and damage.
In 2010, rich countries agreed to pay developing nations $100 billion a year by 2020 to support the mitigation of, and adaptation to, climate change, yet they have fallen well short of this mark.
The UK's "fair share" of climate finance, designed to account for high levels of historic emissions, has been calculated at $46 billion, but our government has only pledged $3.2 billion a year until 2025.
Meanwhile, rich governments have resisted attempts to introduce compensation for loss and damage suffered due to climate change, and have failed to cancel debts that prevent governments from taking climate action.
Join us in calling on rich governments to cancel debts and increase climate finance to support global climate justice.
Photo: Flickr/Number 10