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World needs trillions to face climate threat: draft UN report

Helping vulnerable nations cope with the multiplier effect of climate change on droughts, flooding, heatwaves and tropical mega-storms will require trillions of dollars, not the billions now on the table at COP26, a draft UN report obtained by AFP reveals.

The failure of rich countries to make good on a promise to deliver $100 billion a year for vulnerable nations has become a flashpoint at the UN climate talks in Glasgow, entering their final hours on Friday.

But the real cost for allowing the atmosphere to continue to heat will be far higher.

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