Africa: Two Thirds of Climate Funding for Global South Is Loans As Rich Countries Profiteer From Escalating Climate Crisis

[AllAfrica - Africa] - 6/10/2025
[Oxfam] New research by Oxfam and CARE Climate Justice Centre, published today, finds developing countries are now paying more back to wealthy nations for climate finance loans than they receive- for every 5 dollars they receive they are paying 7 dollars back. 65% of funding is delivered in the (…)
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