China and Saudi Arabia among nations receiving climate loans, analysis reveals

Investigation by Guardian and Carbon Brief finds just a fifth of funds to fight global heating went to poorest 44 countriesChina and wealthy petrostates including Saudi Arabia and UAE are among countries receiving large sums of climate finance, according to an analysis.The Guardian and Carbon Brief analysed previously unreported submissions to the UN, along with data from the Organisation for Economic Cooperation and Development (OECD), that show how billions of dollars of public money is being committed to the fight against global heating. Continue reading...