COP26: Poor countries need up to $300 billion per year by 2030 to finance clean energy and climate adaptation projects
Poor countries need up to $300 billion, not the initial $100 billion per year by 2030, for clean energy and climate adaptation projects. According to a UN report released earlier this month, there is a growing gap between the cost of climate adaptation in developing countries and the amount of public finance available for it. The report estimates that developing countries need five to 10 times more funding than they currently have to manage climate impacts.
The Forestry Research Institute of the Council for Scientific and Industrial Research (CSIR-FORIG), has identified 28 lesser used timber species on the market without adequate technical information for their efficient use.