Despite lavish promises in 2009, with over US$30 billion pledged to help mitigate climate change in developing countries, a shameful 20 percent of that amount is all that has been turned into action on the ground. Report by IIED.
Coaxing China into a global grand bargain to fight climate change that also satisfies the United States and other rich nations threatens to be even more daunting and elusive than fixing the economic rifts dividing them.