Rich nations' refusal to fulfil climate funding commitment is a "travesty," according to UNDP The United Nations Development Programme ( UN DP ) has branded wealthy nations ’ failure to honour their pledge to provide climate finance as a ‘ t rav esty ’ . The UN DP ’ s statement comes ahead of the launch of the Green Climate Fund , which is intended to provide support to developing countries to help them cope with the impacts of climate change . At the Copenhagen climate change conference in 2009 , rich countries pledged to provide US $ 100 billion per year in climate finance by 2020 . However , to date , just US $ 10 billion has been provided . UN DP Administrator Helen Clark said : “ It ’ s a tra vest y that rich nations have failed to deliver on their promise to deliver US $ 100 billion annually to help the world ’ s poor cope with the impacts of clim...