Annual funding promise made in 2009 to help poor countries deal with climate crisis had original 2021 target

The totemic promise by rich countries to provide $100bn (£80bn) a year to the poor world in climate finance has finally been met, two years after the deadline, data published on Thursday shows.

About $89.6bn was provided to developing countries in 2021, according to the Organisation for Economic Co-operation and Development, and that number is likely to have surpassed $100bn in 2022, based on OECD preliminary data.

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