‘It is feasible’: climate finance won’t burden rich countries, say economists

‘It is feasible’: climate finance won’t burden rich countries, say economists

Cop29, Climate finance, Environment, Climate aid, United Nations, Azerbaijan, World news Business | The Guardian

​Experts say mix of taxes with development bank and private funding can provide $1tn a year needed by 2030Raising money needed to tackle the climate crisis need not be a burden on overstretched government budgets, leading economists have said.The sums needed – approximately $1tn a year by 2030 – are achievable without disruption to the global economy, and would help to generate greener economic growth for the future. Continue reading… 

Experts say mix of taxes with development bank and private funding can provide $1tn a year needed by 2030

Raising money needed to tackle the climate crisis need not be a burden on overstretched government budgets, leading economists have said.

The sums needed – approximately $1tn a year by 2030 – are achievable without disruption to the global economy, and would help to generate greener economic growth for the future.

Continue reading… 

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