Wealthy countries overstating the true value of climate finance, says Oxfam

The World Bank has priced a $4 billion seven-year Sustainable Development Bond, attracting more than $11 billion in high-quality investor orders.

Wealthy nations overstated the value of climate finance they provided to low- and middle-income countries by as much as $100 billion in 2024, a new study by Oxfam has suggested. This is higher than the $88 billion by which climate finance was oversta...

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