‘Climate Clock’ Shows Rich Nations Still Owe $90 Billion A Year To Global Green Fund

As the United Nations General Assembly kicked off in New York City on Monday, activists unveiled a new version of their digital “Climate Clock” to spotlight the extent to which rich countries are reneging on their vow to invest $100 billion a year in a global green energy fund designed to assist developing nations. The message was displayed in New York City’s Union Square along with a climate-action timeline updated to reflect the alarming findings of the Intergovernmental Panel on Climate Change’s latest report. The new clock estimates that the international community has roughly seven years and 300 days to dramatically reduce greenhouse gas emissions and avert the worst of the climate emergency.

By Jake Johnson. Common Dreams. September 20, 2021.

Read full article: