Rich nations paid $62bn in climate aid 2014

GMT 17:47 2015 Wednesday ,07 October

Arab Today, arab today Rich nations paid $62bn in climate aid 2014

An Indian worker walks past lines of solar panels at Roha Dyechem solar plant
Paris - AFP

Finance for developing nations to fight climate change and cope with its impacts reached $62 billion (55 billion euros) in 2014, more than halfway to the 2020 target of $100 billion, the OECD said Wednesday.

Up from $52 billion in 2013, the figure represented "significant progress towards the $100 billion goal," said a report from the Organisation for Economic Co-operation and Development.

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