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On the Ground at COP27: Tallying Payments and Progress

Climate One

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Is There a Lack of Capital?

With the Inflation Reduction Act, it is expected to spawn a lot of technological innovation and clean energy and renewables. And there will be spillover effects then for the global economy also as technology improves... There's enough money to solve this. It's just not getting to the places. The Intergovernmental Panel on Climate Change has said that the money is there, but it is not flowing into the right geographies.

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