How Does $1.3 Trillion/Year Disappear Without Really Fixing Anything?
In 2023, the Climate Policy Initiative's Global Landscape of Climate Finance 2023 report, annual climate finance flows surpassed USD 1 trillion for the first time in 2021, reaching almost USD 1.3 trillion in 2021/2022. This represents a doubling compared to 2019/2020 levels.
Paris Accords came into effect in 2016. U.S. CO2 emissions fell 14% between 200…
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