{
Climate Action Network Europe VZW

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}

climate finance and emissions cuts take center stage at cop29 in baku

The European Union is poised to submit new Nationally Determined Contributions by 2025, signaling its commitment to reducing greenhouse gas emissions and leading the fight against climate change. However, significant investments in fossil fuel infrastructure raise doubts about its ability to meet these climate goals. As COP29 approaches, the focus will be on climate finance, with calls for richer nations to support developing countries in their transition to sustainability, while also pressuring China to contribute more to global climate efforts.
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Finance & Economy, News Article
09:00 16.10.2024
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