Developed nations pledge $9.3 billion for global climate fund, falling short of goals

Germany pledged 2 billion euros, while 25 nations made fresh pledges to the UN's Green Climate Fund.
Total pledges reached $9.3 billion, below the $10 billion target and far short of estimated $200-250 billion needed annually.
Largest economies like US and China did not pledge funds, while Australia, Italy and Sweden offered no contributions.
NGOs criticized funding as inadequate ahead of COP28 climate summit in November in Dubai.
Poorer nations continue to press for more support to address impacts of climate change.