International

"Climate Summit Turns Its Focus to a Contentious Question: Who Pays?"

"Some of the world’s biggest financial institutions on Wednesday vowed to mobilize trillions of dollars to help shift the global economy toward cleaner energy as negotiators at the United Nations climate summit struggled with the question of how to pay for the enormous costs of climate change."

Source: NYTimes, 11/04/2021

"Poland And 17 Other Countries To Announce A Major Deal To End Coal"

"A coalition of 18 countries, plus dozens of banks and other institutions, will pledge to phase out coal-fired power plants domestically and to end funding for international coal projects, according to the British government, which struck the deal at a global climate summit."

Source: NYTimes, 11/04/2021

"Zero Deforestation Commitment: Empty Promises Or A Workable Plan?"

"More than 100 countries have pledged to end deforestation by 2030 to combat global heating at the UN climate conference in Glasgow, Scotland. But environmentalists, skeptical of the commitment, say more needs to be done to end the so-called "chainsaw massacre" of the world's forests."

Source: DW, 11/03/2021

World’s Biggest Banks To Play A Role In Limiting Greenhouse Gas Emissions

"Hundreds of the world’s biggest banks and pension funds with assets worth $130tn have committed themselves to a key goal in limiting greenhouse gas emissions, the UK government will announce on Wednesday."

Source: Guardian, 11/03/2021

Pledges Don't Stop Nations From Exporting Huge Amounts Of Fossil Fuels

"The U.S. may be on the verge of passing the most consequential climate change legislation ever. President Biden is expected to tout it at a big climate change meeting in Glasgow this week. But that won't change one of the country's major sources of greenhouse gas emissions: fossil fuel exports."

Source: NPR, 11/03/2021

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