Countries moved a step closer on Saturday to getting a fund off the ground to help poor states damaged by climate disasters, despite reservations from developing nations and the United States.
They changed the voting structure of the World Bank in 2010 to give poorer countries more votes and that has somewhat improved things. It is still a very US centric institution thou. Hence developing countries not wanting that.
The US is just opposed to pay any sort of reparations.
They changed the voting structure of the World Bank in 2010 to give poorer countries more votes and that has somewhat improved things. It is still a very US centric institution thou. Hence developing countries not wanting that.
The US is just opposed to pay any sort of reparations.