Dwindling Climate Finance: A Concern to Achieve Climate Action Targets

Abstract

We are living in a world that is already facing severe geo-political issues like wars in Ukraine, Israel & Palestine, Red Seas & Houthis; terrible climate issues like wildfires in America and Australia, volcanoes in Iceland, tsunamis in Japan, Earthquakes in Japan, Turkey and Himalayan regions from Afghanistan to Nepal; and significant economic strife in Asian and African economies including Bhutan and Pakistan; and also, recession looming large on grand economies like UK and Japan. We need to become aware that relentless ambition is creating more strife than happiness and impacting the world and all its inhabitants adversely. Urgent collective actions are required to save the globe from the damage we are causing to it through our own ambition and pursuit of material wealth. Climate action, channeled through adequate climate finance, is the only recourse to ensure that we would be able to hand over a better world than what we inherited to the future generations.