all up, they plan to suck more than $100 trillion out of the world economy. can’t fault them for on ambition.
as for the $100 billion a year the developed world promised the developing world, that’s now been increased!
30 July: Financial Post: from Bloomberg: South Africa Says $750 Billion a Year Needed for Climate Goals
By Antony Sguazzin
South African Environment Minister Barbara Creecy said countries at the COP26 United Nations climate talks in November should set a target of mobilizing $750 billion a year from developed countries to help poorer nations transition to greener energy.
Creecy, who spoke at a Presidential Climate Commission meeting in South Africa on Friday, said she made the suggestion to peers from 50 countries at a meeting in London this month ahead of the summit...
The goal is significantly higher than the $100 billion a year that was set for 2020, but which rich countries have failed to deliver on...
https://financialpost.com/pmn/business-pmn/south-africa-says-750-billion-a-year-needed-for-climate-goals
shouldn’t have stated re $100 bn that is has been increased.
it has been suggested and has zero chance of being accepted, I would imagine.