By 2030, Poor Nations Will Need $2.4 Trillion Per Year to Fight Climate Crisis: Report

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By 2030, Poor Nations Will Need $2.4 Trillion Per Year to Fight Climate Crisis: Report
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'Humanity has a choice: cooperate or perish,' says antonioguterres. 'It is either a climate solidarity pact—or a collective suicide pact.'

"Rich countries should recognize that it is in their vital self-interest, as well as a matter of justice given the severe impacts caused by their high levels of current and past emissions, to invest in climate action."By 2030, poor countries will need a combined total of $2.

"Around half of the required financing can be reasonably expected to come from local sources, from strengthening domestic public finance and domestic capital markets, including tapping into large pools of local finance that national development banks are able to mobilize," the report says.

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