Why rich countries could struggle to come up with more climate cash

Wealthy nations belatedly met their goal of sending billions of dollars
in climate aid to developing countries. And now, they’re gearing up
again to negotiate the next amount of funding they are willing to give,
which will likely be a tougher task because the cost of fighting climate
change is set to skyrocket. POLITICO’s Zack Colman breaks down how rich
countries were late on delivering climate finance and why the price tag
is going up. Plus, utilities and industry groups are cautioning EPA
against adopting any rule for existing natural gas-fired power plants
that would require building significant infrastructure or risk grid
reliability. 

 

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Zack Colman covers climate change for POLITICO. 

Josh Siegel is an energy reporter for POLITICO. 

Nirmal Mulaikal is a POLITICO audio host-producer. 

Annie Rees is a senior audio producer-host at POLITICO. 

Gloria Gonzalez is the deputy energy editor for POLITICO. 

Matt Daily is the energy editor for POLITICO.