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Dürre in Syrien

Climate financing: Why NGOs fear a decline of USD 15 billion

Cuts in development aid threaten to drastically reduce international climate financing, Oxfam and Care have calculated. Because loans are often used, the over-indebtedness of poor countries increases: According to these calculations, they have to raise USD 20 billion more annually for debt servicing than they receive in support at all.

Von Nico Beckert