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Developing World Starved of Climate Funds as Corporate Nations Hoard Wealth

Intro (150 words):
A new UN report warns that developing countries need 12 times more climate finance than what they are currently receiving. While rich nations boast of green commitments, the reality is grim — only a fraction of promised funds reach the most climate-vulnerable regions. India, already battling deadly heatwaves, floods, and crop failures, stands on the frontline of a crisis it did not create. Yet, the same industrial powers responsible for centuries of emissions continue to dictate “climate aid” on their own exploitative terms. The report exposes how corporate-controlled governments in the Global North prioritise profits over survival. This isn’t just an imbalance — it’s climate injustice institutionalised. Developing countries demand not charity, but reparations for damage caused by the greed of the rich world.

Source:
https://www.thehindu.com/sci-tech/energy-and-environment/developing-countries-need-12-times-more-funds-than-currently-available-to-tackle-climate-crisis/article70217560.ece