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G20 Leaders Agree on Global Climate Finance Boost at Bali Summit

Summary

At the G20 summit held in Bali on February 18, 2026, leaders agreed to increase climate finance commitments to $200 billion annually by 2030. The agreement aims to support developi

At the G20 summit held in Bali on February 18, 2026, leaders agreed to increase climate finance commitments to $200 billion annually by 2030. The agreement aims to support developing nations in their transition to green energy and climate resilience. This marks a significant step forward amid rising global climate concerns, with Indonesia hosting the event for the first time. According to Reuters, the pact also includes enhanced transparency measures and cooperation on clean technology transfer. The summit saw participation from all member countries, emphasizing a unified approach to tackling climate change challenges worldwide.
6d agoVerified by Sobiya
G20 Leaders Agree on Global Climate Finance Boost at Bali Summit

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