Developed countries made almost no progress toward their goal of providing $100 billion a year to help poor countries tackle climate change, figures from the OECD showed on Friday. The data threaten to undermine crunch United Nations climate talks that start in Glasgow, Scotland, in just weeks. Developing nations say the funding — which has never hit its annual target — is key for them to pledge deeper emissions cuts that would help achieve the Paris Agreement’s goal of limiting global warming to 1.5 degrees Celsius compared with pre-industrial levels. “There is no excuse: delivering on the $100 billion goal is a matter of trust,” Alok Sharma, COP26 president, said in response to the figures. “We have seen little progress and the OECD report shows clearly how much further there is to go.” Total climate finance provided and mobilized by rich countries for developing nations was $79.6 billion in […]