Rich nations inflate climate finance as NZ urged to act
Thu 16 Jul 2026
Image: Oxfam
By Shannon Morris-Williams
Rich countries have overstated the value of climate finance delivered to developing nations by around US$100 billion in 2024, Oxfam says. The non-profit is urging New Zealand to increase its climate finance while applauding the country's strategy of allocating finance as grants rather than loans.
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