Harnessing oil and gas windfall profits for climate funding
				
																	
								
				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
			
			
			
						
						
						
					
		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
