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Climate Finance $2 Trillion Illusion Explained

THE $2 TRILLION ILLUSION OF CLIMATE FINANCE: SETTING THE RECORD STRAIGHT Syllabus: GS-3: Climate Change Climate Financing Why in the News? The Climate Policy Initiative (CPI) reported that global climate finance exceeded $2 trillion in 2024 for the first time. However, concerns have emerged that this headline figure masks the actual financial transfers from developed …

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