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Poor countries tied up in knots by red tape around green climate fund

It takes four to five years even to secure a loan’

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Indigenous Amazon delegate Romancil Gentil Kreta wearing a face mask of the UN Climate Change Conference (COP26) looks on during the conference in Glasgow, Scotland, Britain, November 3

Indigenous Amazon delegate Romancil Gentil Kreta wearing a face mask of the UN Climate Change Conference (COP26) looks on during the conference in Glasgow, Scotland, Britain, November 3

British Foreign Secretary Elizabeth Truss and Executive Secretary of the United Nations Framework Convention on Climate Change, Patricia Espinosa, greet Taoiseach Micheál Martin as he arrives for the UN Climate Change Conference (COP26) in Glasgow, Scotland. Photo: Christopher Furlong/Reuters

British Foreign Secretary Elizabeth Truss and Executive Secretary of the United Nations Framework Convention on Climate Change, Patricia Espinosa, greet Taoiseach Micheál Martin as he arrives for the UN Climate Change Conference (COP26) in Glasgow, Scotland. Photo: Christopher Furlong/Reuters

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Indigenous Amazon delegate Romancil Gentil Kreta wearing a face mask of the UN Climate Change Conference (COP26) looks on during the conference in Glasgow, Scotland, Britain, November 3

Ireland is donating millions of euro as part of a funding initiative that makes poor countries jump through impossible hoops and wait years for financial help with the climate crisis.

The system is so dysfunctional that Ireland mostly bypasses it and sends money through separate channels.


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