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

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

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.

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