Rich Nations Hit , Climate Finance Goal , Two Years Late.<br />According to November 16 data, the promise of rich <br />countries to deliver $100 billion annually to poorer <br />nations for climate finance has finally been met.<br />'The Guardian' reports that the news <br />comes two years after the deadline first set <br />at a 2009 climate summit in Copenhagen.<br />At the time, rich nations pledged that the amount <br />meant to help poorer nations cut greenhouse <br />gas emissions would be delivered by 2020.<br />Failure to reach this goal has been the source <br />of tension at recent global climate talks. .<br />Despite failing to meet this deadline, news of the promise <br />finally being fulfilled is likely to be a significant boost for <br />the United Nations' upcoming COP28 climate talks.<br />Despite failing to meet this deadline, news of the promise <br />finally being fulfilled is likely to be a significant boost for <br />the United Nations' upcoming COP28 climate talks.<br />News that the long overdue goal has likely <br />been met is a very welcome ray of sunshine. <br />This will help rebuild much-needed trust <br />between developing and developed <br />countries, which will go a long way toward <br />achieving a positive outcome at Cop28, Ani Dasgupta, President of the World <br />Resources Institute, via 'The Guardian'.<br />Steven Guilbeault, the climate and <br />environment minister of Canada, said, , "The previous failure to meet the target <br />showed countries like Canada and other <br />developed countries were not serious.".<br />Having this information shows that we <br />have met the goal is a very important <br />milestone … [It] goes a long way to <br />building the momentum we need to <br />deliver a successful outcome in Dubai, Steven Guilbeault, the climate and environment <br />minister of Canada, via 'The Guardian'.<br />Having this information shows that we <br />have met the goal is a very important <br />milestone … [It] goes a long way to <br />building the momentum we need to <br />deliver a successful outcome in Dubai, Steven Guilbeault, the climate and environment <br />minister of Canada, via 'The Guardian'.<br />'The Guardian' reports that other wealthy nations have<br /> also conceded that while meeting the goal is a positive <br />step in the right direction, much more needs to be done. .<br />'The Guardian' reports that other wealthy nations have<br /> also conceded that while meeting the goal is a positive <br />step in the right direction, much more needs to be done. .<br />This is an important step forward, <br />but it’s clear we can’t stop here. <br />We will require coordinated <br />efforts by a whole range of actors <br />[to ensure more finance in the future], Jennifer Morgan, Climate envoy for Germany, via 'The Guardian'
