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Invest in low-carbon cities to protect climate and boost jobs, governments urged

Invest in low-carbon cities to protect climate and boost jobs, governments urged

ANASTASIA MOLONEY  MORE COVID-19 recovery spending and public investment is needed for green transport and clean energy in cities, to create jobs, cut planet-heating emissions and limit the damage from climate change, according to U.N. officials and researchers. A report by the Coalition for Urban Transitions, a group of research organisations pushing for more sustainable cities, assessed climate-friendly measures governments and city leaders should prioritise in six emerging economies. The report found that China, India, Indonesia, Brazil, Mexico and South Africa - which account for a third of global GDP and about 40% of the world's urban population - could…
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Climate fund for poor nations vows to drive green COVID recovery

Climate fund for poor nations vows to drive green COVID recovery

MEGAN ROWLING THE Green Climate Fund has promised developing nations it will ramp up efforts to help them tackle climate challenges as they strive to recover from the coronavirus pandemic, approving $879 million in backing for 15 new projects around the world. At a four-day virtual board meeting ending late Friday, the fund added Afghanistan and Sudan to a list of more than 100 countries receiving a total of $6.2 billion to reduce planet-heating emissions and enhance climate resilience. The Green Climate Fund (GCF) was set up under U.N. climate talks in 2010 to help developing nations tackle global warming,…
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