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The Just Energy Transition Community, a new philanthropic coalition, is channeling capital into frontline energy projects for farming and fishing villages in the Philippines and Indonesia.
Although they are also increasing their investments into climate solutions and transition finance, few have a plan to address high-emitting sectors, including fossil fuels, a new study by the Asian Investor Group on Climate Change found.
India’s withdrawal from hosting COP33 reflects shifting climate diplomacy priorities – as finance gaps, geopolitical tensions and rising expectations reshape global climate negotiations.
Experts question whether overseas assistance can make any difference to a cycle of failed projects and stalled ambitions.
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