Poverty + Development
January 8, 2016
By David Fogarty for The Straits Times
PARIS – With expectations high that a global agreement on fighting climate change will be sealed within days in Paris, investors, donors and lawyers are already working on what comes next: stitching together financial deals to help poorer nations meet their climate plans.
In the run up to the two-week Paris talks, nearly 190 nations submitted a variety of national climate action plans, which are the foundation of a Paris agreement.
Some plans are unconditional, with hard targets to cut emissions and pledges to boost green energy capacity; some are conditional on external financing; some are more aspirational.
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