Developing countries are paying back more in climate finance loan repayments to wealthy nations than they receive in aid, according to new research by Oxfam and the CARE Climate Justice Centre. The study highlights a deepening financial injustice. Nations least responsible for climate change shoulder growing debt burdens. They do this to address a crisis largely caused by industrialized economies.https://indianf.com/developing-countries-paying-more-in-climate-loans-than-received/
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