Global climate spending falling further behind target – report

Posted by Washington Post: Juliet Eilperin on October 21st, 2013
Reuters: Global spending to combat climate change fell last year and remains far below the level needed to prevent its most dangerous effects, a report by the Climate Policy Initiative said on Tuesday. Investment in renewable energy, energy efficiency and adaptation to climate change totalled $359 billion, $5 billion less than in 2011, as an economic slowdown hit state and private-sector budgets. The International Energy Agency estimated last year that $5 trillion of investment in clean energy alone......

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