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Will Labour’s Plan For Work, Work?

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CHAPTER

Climate Financing at COP: A Controversial Agreement

This chapter discusses the high-stakes outcomes of the recent COP summit, where a last-minute deal on climate financing was reached after rejecting a larger proposal. The speakers critique the inadequacy of the agreed $300 billion compared to the anticipated $1.3 trillion, highlighting the challenges faced by developing nations in addressing climate change. Additionally, the chapter examines the political implications of climate leadership, especially in light of potential changes in U.S. administration and the ongoing shift towards renewable energy.

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