Rich nations backtracking on new climate aid, development watchdog warns

Guardian:

A villager walks on an embankment amid the rising waters of the Sundarbans, India. Rich countries have pledged financial aid to help developing countries tackle climate change. Photograph: Bikas Das/AP

Rich countries will raid existing aid budgets, double-count promises and convert grants to loans to avoid paying the $30bn (£21bn) they pledged last year to poor countries to help them adapt immediately to the climate change they did not …

Science