SayPro How does climate finance flow?

Climate change is a global problem, and it’s affecting poorer countries the most. These countries are struggling to cope with the effects of climate change, from extreme weather events to dwindling resources. To help these countries, richer nations are investing in climate finance. This financial strategy helps poorer countries deal with the effects of climate change, from mitigating emissions to promoting renewable energy. So far, climate finance has been proven to be an effective way to address global warming. In 2017, it was estimated that climate finance had saved over $100 billion!