Climate finance in S-E Asia lacking as Covid-19 stalls funding
Pledge of US$100b key to building trust between states to limit global warming, per the Paris Agreement
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South-east Asia is lacking the funding required to fight climate change, prompting researchers at ISEAS-Yusof Ishak Institute to call for more cooperation on climate financing.
In their report Climate Finance in Southeast Asia: Trends and Opportunities, Melinda Martinus and Qiu Jiahui said the Covid-19 pandemic has stalled developed countries' promise to deliver US$100 billion in climate finance annually by 2020 to vulnerable nations.
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