Paris Climate Conference: All You Need To Know

The use of funds
The funds donated by the richer countries will be used to introduce green and clean technologies, promote renewable sources of energy and adapt to less carbon usage for development.

What it means for poor nations
In the past, the rich and developed have financially helped the less developed and developing nations to combat the increase in the emissions. On the other hand the underdeveloped nations are asking for 'loss and damage' funds to meet the loss and damage brought about by climatic changes.

Future steps
The main focus of the agreement and negotiations taking place in the conference is that the nations stick to their commitments and act according to their word by 2030 and continue to help in cutting down the emission levels by monitoring them.

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