"KINSHASA - High-level speakers at climate talks in Kinshasa called out rich nations on Monday for failing to honour a $100 billion per year funding pledge to developing countries, warning that fair finance was needed to avert the worst of the climate crisis.
Dozens of ministers and senior delegates are in Democratic Republic of Congo this week for a final meeting before the COP27 climate summit in November, where more vulnerable countries hope to push for compensation for economic losses linked to climate catastrophes.
"The finance currently available is a pittance with respect to the magnitude of disasters vulnerable nations and people are facing and will face," U.N. Deputy Secretary-General Amina Mohammed said at the start of the three-day event."
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