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Investment to limit climate change is lagging

2013-10-23 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Spending on measures to limit global warming declined last year, and was deeply inadequate to avoid its worst effects, said a climate finance analysis released in Copenhagen Tuesday. Governments and the private sector spent about $359 billion (263 billion euros) in 2012 -- down from $364 billion the year before, said a report by the Climate Policy Initiative (CPI), an independent team of climate finance analysts and advisors. The analysis was unveiled at a meeting of the Global Green Growth...

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