Organisation for Economic Co-operation and Development (OECD) countries contribute US$22.9 bn to climate change

Article Type: News From: Management of Environmental Quality: An International Journal, Volume 23, Issue 3.

Rich nations of the OECD have committed US$22.9bn, or 15 per cent of their total official development assistance in 2010, to help poor countries fight climate change, the Paris-based body has said. In a statement, the OECD said a third of the estimated climate-change-related aid last year went to support countries coping with the effects of climate change, such as drought and flooding. Two-thirds of the total commitment, or US$17.6 bn, went towards helping developing nations curb their growing emissions of greenhouse gases. This was up 69 per cent from 2009, it said.