21
Oct
Countries adopt development finance deal in Addis Ababa
Some 193 countries have adopted an agreement to increase finance flows to the developing world, at a summit in Addis Ababa, Ethiopia. The “action agenda” includes a call on rich countries to meet their commitment to mobilise US$100 billion a year from 2020 to deal with climate change. This is seen as key to unlocking a meaningful global climate deal in Paris this December, as well as agreeing post-2015 sustainable development goals. UN...