Rich countries need to dig deep on climate finance

The FT View from Financial Times- 7 November 2022 https://www.ft.com/content/a43427ac-0e7e-48bf-8c3e-4165179afff4

As fossil fuels are becoming less used for the environment, rich countries should grant poor countries financial support since they did not have enough time to benefit from coal-based industry. In COP 27, more funding should be given for poor countries to adapt in climate change. Not only enhancing multilateral banks raises funding but also efficient use of donor money can help the poor countries to thrive.