Climate adaptation funds bypassing governments, conflict states - experts

Report
from AlertNet
Published on 11 May 2011 View Original

By Laurie Goering

LONDON (AlertNet) – Figuring out how to raise the $100 billion a year in climate change assistance promised to poor nations is tough enough, but spending the money fairly and effectively may prove an even bigger challenge, climate finance experts warned this week.

Early flows of money aimed at helping poor and vulnerable countries curb their emissions and adapt to the effects of climate change are bypassing many corrupt or conflict-ridden countries, experts on a panel at the London-based Overseas Development Institute (ODI) said on Tuesday.

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