$35 Trillion Needed In Transitional Technologies To Limit Climate Change | OilPrice.com

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$35 Trillion Needed In Transitional Technologies To Limit Climate Change | OilPrice.com
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$35 trillion in transitional technology funding is needed by the end of the decade to limit global heating to 1.5 degrees Celsius.

in lower-income countries following the COP climate summits, little investment has been seen.

The IRENA report came shortly after the publication of a landmark UN Synthesis Report last month, which urged governments to act more radically on climate change. The U.N.’s Intergovernmental Panel on Climate Change suggested that current action is not enough to prevent a severe climate crisis, particularly if countries continue to emit vast quantities of greenhouse gasses. The findings were based on an analysis of 10,000 pages of research from six assessment reports. U.N.

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