Global Annual Climate Finance Reaches USD 364 Billion, Falls Short Of Investment Needed To Limit Global Warming To Two Degrees Celsius on Environmental Expert

According to the International Energy Agency, approximately USD 1 trillion each year is needed in incremental investment in the energy sector alone to promote low emissions growth.

US envoy hits China's stand in UN climate talks

(AP) The United States on Monday challenged China's view of how to split the burden of curbing carbon emissions, saying the rich-poor divide in past climate agreements has no place in a future pact to fight global warming.