Photographer: Dhiraj Singh/Bloomberg

Climate Aid Reaching $62 Billion Placates Developing World

Updated on
  • Assistance in 2014 rose almost 20% from levels in 2013
  • Climate finance is key to reaching deal on global warming

Aid for projects designed to help developing nations cut emissions and cope with global warming rose to $62 billion last year, suggesting richer nations are starting to make good on their promises to boost payments to $100 billion by 2020.

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