Africa challenges rich world to walk the talk in fight against climate as it hosts its first G20 summit
Rich countries agreed at last year’s United Nations climate summit to pool at least $300 billion a year by 2035 to help developing countries deal with the impacts of climate change and weather disasters. But independent experts said much more – an estimated $1 trillion a year – was needed by 2030.
South Africa appoints American economist Joseph Stiglitz to lead group of experts to compile inequality report for G20 summit
Wealthy governments are also making the largest cuts to development aid for poor countries since aid records began in 1960, Oxfam said. It said global development goals were “abysmally off track.”
