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Over $1 trillion needed for developing nations’ climate transition, says ex-World Bank official

Smoke billows from an unauthorized steel factory, foreground, on November 4, 2016 in Inner Mongolia, China. To meet China’s targets to slash emissions of carbon dioxide, authorities are pushing to shut down privately owned steel, coal, and other high-polluting factories scattered across rural areas. (Photo by Kevin Frayer/Getty Images)

Kevin Frayer | Getty Images News | Getty Images

Developing nations will need more than $1 trillion each year…

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(Left to right) Jesse Smith, 6, Dave Mycock, 39, Arley Smith, 6 weeks, Jesse Smith, 4, and mum Emma Smith, 42, at home in Warrington.

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