envoy John Kerry told a separate panel on financing the transition to a low carbon economy that the only way to avoid catastrophic damage caused by“How do we get there? The lesson I have learned in the last years … is money, money, money, money, money, money, money,” Kerry said of what was needed for the world to stand any chance of meeting the 2015 Paris Agreement goal of limiting global warming to 1.5 degrees Celsius above pre-industrial levels.
prepares to set up this fund – aimed at making domestic industries more competitive, especially againstindustry would also involve loans and grants.
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