Climate Group: funding for climate action and policies at subnational level is essential

Image: Climate GroupImage: Climate Group
Finance will play a critical role in supporting the transition to net zero emissions. Subnational governments have an important role to play as they account for over 50% of public investment in the OECD.

Official Press Release Climate Group:

Without climate finance for states and regions there can be no net zero, warns Climate Group

Funding for climate action and policies at subnational level is essential to keep the world on track for 1.5 degrees of warming, especially as state and regional governments represent over 50% of all environment and climate spending.

This is according to new research, published today by Climate Group, looking at the mechanisms states and regions can use to raise funds to accelerate to net zero and adapt to climate change: particularly carbon pricing, green bonds, national government funding and taxes and fees. The report also examines ways... ... More: Official Press Release Climate Group

Climate Group, funding, net zero, region, energy transition, warming, goverment, environment, climate

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