By A Correspondent

Amid ongoing finger-pointing, let’s prioritize solutions

Channelling subsidies from fossil fuels towards renewables.

As per the International Monetary Fund, eliminating fossil fuel subsidies could reduce carbon dioxide emissions by 34% by 2030, a substantial step towards the required 43% reduction to limit global warming under 1.5°C.

Moreover, at #COP28, nations committed to swiftly phasing out ineffective fossil fuel subsidies.

Source: UN Climate

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