“Aiming to follow the money, Reuters and Big Local News asked 27 nations for details on funding they reported to the U.N, examined public documents and spoke to NGOs and others involved in reported projects. Reporters also cross-checked U.N. reports against information recorded by other agencies, such as the Organisation for Economic Co-operation and Development (OECD), a group representing mostly wealthy nations.?
“The review covered about 10% of the total reports to the U.N. It turned up at least $3 billion spent not on solar panels or wind farms but on coal-fired power, airports, crime-fighting or other programs that do little or nothing to ease the effects of climate change. Five climate specialists – including university professors, researchers and government officials focused on climate finance – agreed that the projects Reuters identified have little or no direct connection to climate change.”
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