G-7 leaders urged to boost climate finance to poorer nations
Wealthy nations pledged 10 years ago to provide $100 billion a year for developing nations to mitigate climate change. The United Nations estimates that countries are $20 billion behind that goal and urged G-7 leaders to step up. Also, the controversial Keystone XL pipeline project in Canada has been canceled, but the oil industry is hugely important for the Canadian economy. And, it’s a good week for bitcoin as El Salvador became the first country to adopt the cryptocurrency as a legal tender.