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Who will finance global climate solutions? Not the West.


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Published in Business and Finance on by Grist   Print publication without navigation

As the U.S. and Europe slash their development funding, Chinese president Xi Jinping vowed that his country "will not slow down its climate actions."

The article from Yahoo Finance discusses the urgent need for global climate solutions, emphasizing that current efforts are insufficient to meet the Paris Agreement's goal of limiting global warming to 1.5 degrees Celsius above pre-industrial levels. It highlights the necessity for increased investment in renewable energy and sustainable technologies, as well as the importance of international cooperation and policy changes to effectively combat climate change. The piece also notes the economic benefits of transitioning to a green economy, including job creation and long-term cost savings, and stresses that both developed and developing nations must play a role in reducing emissions and adapting to inevitable climate impacts.

Read the Full Grist Article at:
[ https://www.yahoo.com/news/finance-global-climate-solutions-not-081500262.html ]

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