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Petrostates Must Take the Lead on Climate Finance

Petrostates Must Take the Lead on Climate Finance

Nov 29, 2023 | Club de Madrid

If COP28 is to be judged a success, the UAE, as the summit’s host, and other hydrocarbon producers should promise to dedicate some of the windfall oil and gas profits they earned last year to accelerating the green transition in the Global South. Doing so could encourage historic and current emitters to pay their fair share