EXCLUSIVE African governments want climate finance to hit $1.3 trillion by 2030

JOHANNESBURG, Oct 6 (Reuters) – African nations believe financing to help developing countries deal with climate change should be scaled up more than tenfold to $1.3 trillion per year by 2030, a key African climate negotiator told Reuters.Such an amount would mark a dramatic increase from the current goal of $100 billion annually that developed nations have struggled to meet.Zaheer Fakir, a lead coordinator for finance for the African Group of Negotiators on Climate Change, said the new goal had been formally adopted by African environment ministers in September and would be suggested by African nations at COP26, the U.N. climate …
Read more…….