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G20 Summit in New Delhi Sees Agreement on Global Climate Finance Boost

Summary

Leaders at the G20 Summit in New Delhi agreed today to increase funding for global climate initiatives by $100 billion annually starting 2027. The commitment aims to support develo

Leaders at the G20 Summit in New Delhi agreed today to increase funding for global climate initiatives by $100 billion annually starting 2027. The commitment aims to support developing nations in green energy projects and climate resilience. According to Reuters, the pact was reached after intense negotiations emphasizing equitable finance distribution. The summit also highlighted cooperation on sustainable development goals and clean technology sharing. This financial boost marks a significant step toward fulfilling the Paris Agreement targets ahead of the 2030 deadline.
2h ago
G20 Summit in New Delhi Sees Agreement on Global Climate Finance Boost

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