How is ‘climate finance’ money being spent?

What do a string of gelato stores in Asia, a hotel in Haiti, and a coal plant in Bangladesh have in common? They were all partly funded by so-called “climate finance” — pools of money from developed countries earmarked for climate change solutions across the world. A new investigation from Reuters found billions of dollars labeled as climate finance going to projects that only had a tangential relationship to climate solutions. To discuss the problem of climate finance transparency, The World’s Carol Hills speaks to Emma Rumney, a data reporter with Reuters in London.

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