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Barbados , Thursday 16 April 2026

How to get oil companies to pay for extreme weather damage

Published on: Monday 05 June 2023

How to get oil companies to pay for extreme weather damage In 2009, rich countries promised to provide $100 billion annually to poor countries to fund projects that reduce emissions and avoid climate impacts. By 2020, the deadline to reach that sum, the amount transferred that year stood at just $83 billion. And most of that total came in the form of loans rather than grants.



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