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Ноябрь
2024

Harnessing oil and gas windfall profits for climate funding

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Berlin, Germany (SPX) Nov 09, 2024
Negotiations over new financial commitments from industrialized nations to aid developing countries will be a focal point at the upcoming UN Climate Change Conference starting November 11. A study involving the Technical University of Munich (TUM) revealed that profits earned by oil and gas companies during the 2022 energy crisis could have covered these financial commitments for nearly five yea