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Whatever Happened to China’s South-South Climate Cooperation Fund? The Answer is “Unclear”

by Cobus van Staden
A 2015 meeting between U.S. President Barack Obama (L) and Chinese President Xi Jinping, in the run-up to the 2015 COP21 climate summit in 2015. Image: Jim Watson / AFP

During a meeting with U.S. President Barack Obama in 2015, Chinese President Xi Jinping committed to providing 20 billion yuan ($3.1 billion) to help developing countries tackle climate change. Notably, this commitment didn’t contain a timeline.

Now, with the promise to set up a South-South Climate Cooperation Fund creeping to its ten-year anniversary and climate collapse speeding up around the world, Climate Home News investigated what happened to that fund.

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