Oxfam Slams Rich Nations for Artificially Inflating Their Global Climate Funding

Low- and middle -income nations will need an additional $27.4 trillion at minimum by 2030 to fill in financing gaps.

With global finance leaders set to gather in Washington, D.C. this week for the spring meetings of the World Bank and International Monetary Fund, Oxfam is warning rich countries against using accounting gimmicks to artificially inflate their global climate funding commitments.

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