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Your Climate Action Diary - 26

Year 2022 • Week 43 • Anushthatri Sharma
Hi,

Hope you have been well ! 

We are now a week away from the all important UN Climate Conference COP27 ! This week, notice how new research, analysis & insights are emerging, and setting the context of what is to follow. It appears that investments strategies on fixing climate and helping the most vulnerable, are likely to dominate the news cycle. And rightly so.

Let us know what you think at : [email protected]. And feedbacks too. We thrive on them.

Stay Safe,

Harish,
Team OnePointFive Tribe

In 2021, The G20 Supported The Fossil Fuel Industry More Than Ever

Investments in fossil fuels by governments of G20 countries reached new heights last year, even before the energy crisis began & despite the worsening impacts of the climate crisis and their pledge in 2009 to phase out “inefficient” subsidies. The G20 group of nations provided nearly US$200 billion in support of fossil fuels in 2021

COP27: What You Need To Know About This Year's Climate Summit

At the UN climate summit in Egypt, world leaders are expected to talk about measures to combat climate change. Only 25 nations have submitted their ambitious national climate plans so far. (i) Reducing emissions, (ii) assisting nations in their preparation and response to climate change, & (iii) securing financial and technical assistance for these initiatives for developing nations will be the three key areas of focus for COP27.

U.S. EPA To Establish a $27 Billion Green Bank

The EPA began a $27 billion green bank to offer grants to disadvantaged communities around the United States, to deploy low or zero-emissions projects. The administration's larger campaign to address environmental injustice and prevent climate change includes the Greenhouse Gas Reduction Fund.

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