Over $25 billion has been allocated to international climate finance mechanisms in the last decade, but bureaucratic inefficiencies prevent funds from reaching frontline communities impacted by climate change. Major international organizations dominate financial allocations, diverting resources away from those in need. Structural biases and administrative costs further hinder the effective distribution of climate finance.
image sourced from original article at https://timesofindia.indiatimes.com/blogs/the-eco-diplomat-bridging-nature-and-policy/climate-finance-must-serve-communities-not-bureaucracies-how-entrenched-inequalities-undermine-climate-justice/Original article source: https://timesofindia.indiatimes.com/blogs/the-eco-diplomat-bridging-nature-and-policy/climate-finance-must-serve-communities-not-bureaucracies-how-entrenched-inequalities-undermine-climate-justice/
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