UN faces $100-trn shortfall in fight against climate change, inequality

Adding the costs of financing the global transition to a low-carbon economy to limit global warming, and total funding out to 2050 comes in at $200-$220 trillion

Global goals tackling poverty, inequality, injustice and climate change face a $100 trillion funding shortfall and are likely to be missed unless 10 per cent of global economic output is directed to the UN targets every year to 2030, a report on Friday said.
 
The UN’s Sustainable Development Goals set targets on everything from the environment to health and equality and have the support of all member states, yet the supply of finance from governments, investors, banks and companies to help meet them has consistently fallen short.
 
Hampered by the impact of the coronavirus pandemic, the annual shortfall