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Why are wealthy countries failing developing nations?

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Why are wealthy countries failing developing nations?

The United Nations Environment Programme has published a report warning that the world is not adapting quickly enough to keep pace with the growing human and economic costs linked to the climate crisis.

The UN singles out wealthy countries – responsible for the bulk of carbon emissions – for failing to meet their financial pledges.

At successive Conference of the Parties (COP) meetings, billions of dollars have been earmarked to help developing nations become more resilient.