‘It is feasible’: climate finance won’t burden rich countries, say economists

Experts say mix of taxes with development bank and private funding can provide $1tn a year needed by 2030

Raising money needed to tackle the climate crisis need not be a burden on overstretched government budgets, leading economists have said.

The sums needed - approximately $1tn a year by 2030 - are achievable without disruption to the global economy, and would help to generate greener economic growth for the future.