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Home Finance

A breakdown of all the money pledged at COP28

admin by admin
December 18, 2023
in Finance
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At COP28, the annual United Nations climate summit in Dubai, nations stepped up their climate pledges, signing a voluntary agreement to “[transition] away from fossil fuels in energy systems, in a just, orderly and equitable manner.”

But how the energy transition will get funded — and who will pay for it — remains a major point of contention.

More than $85 billion was committed to climate financing at the summit, according to its organizers…



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