According to Reuters, “Public finance could help stimulate private investment in climate change solutions in developing countries, a report commissioned by the United Nations’ Environment Program showed on Monday. World leaders are grappling with how much funding should be provided for poor countries as part of a deal to tackle climate change which they hope [...]
$750 billion “green” investment could revive economy: U.N.
According to Reuters, “Investments of $750 billion could create a “Green New Deal” to revive the world economy and protect the environment, perhaps aided by a tax on oil, the head of the U.N. environment agency said on Thursday. Achim Steiner said spending should focus on five environmental sectors including improved energy efficiency for buildings [...]