Two-Thirds of Climate Funding for Global South are Loans as Rich Nations Profiteer from Escalating Climate Crisis
09 October 2025, 08:15 
THE HAGUE, Netherlands , October 8 (IPS) - New research by Oxfam and the CARE Climate Justice Centre finds developing countries are now paying more back to wealthy nations for climate finance loans than they receive—for every USD 5 they receive, they are paying USD 7 back, and 65 percent of funding is delivered in the form of loans.
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