The availability of finance to help developing countries tackle climate change is drying up, imperiling the international climate talks, the head of the World Bank’s sustainable development network has warned.

Speaking at Chatham House in London yesterday, Rachel Kyte warned of a “desert” emerging between funds already allocated in ‘fast-start’ climate finance, such as to the Clean Technology Fund, and the beginning of operations of the planned Green Climate Fund.

“There’s an urgent need for pragmatic action