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Opinion / #energy transition
With major governments showing open hostility toward climate solutions or focusing on other needs, one might think that progress toward decarbonisation is in jeopardy. Yet across the global industrial sector, many companies are increasing productivity, boosting revenue growth, and reducing emissions all at once.
As COP31 gets underway, researchers warn that countries can obstruct climate negotiations without openly rejecting action – using funding disputes, weakened commitments and procedural tactics to delay progress.
Last year’s UN Climate Change Conference in Belém, Brazil, put forests high on the climate agenda. This month’s UN Climate Change Conference in Antalya, Turkey, can do the same for the ocean, whose warming threatens not just food and energy security but global survival.
In regions where economic activity has long revolved around fossil-fuel extraction, ensuring a just transition requires developing alternative livelihoods that account for each community’s specific needs. Regional endowment funds could be a useful vehicle for funding these local initiatives.
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