In the Paris talks in 2015, parties pledged to mobilize $100 billion a year by 2020. In October, wealthy countries promised nearly $9.8 billion over the next four years for the fund, slightly higher than the first pledging conference in 2014.
Aside from their financial commitments, the developed countries, seen as historically responsible for climate change, must fulfill their commitments to reduce their emissions, the Asean leaders said.
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