Net Zero Transition > Industrial Decarbonisation > More fossil fuel wealth should be funnelled into loss and damage finance, says report

More fossil fuel wealth should be funnelled into loss and damage finance, says report

Published 05:00 on November 16, 2023 / Last updated at 18:40 on November 15, 2023 / / International (UN Climate Talks), Net Zero Transition (Industrial Decarbonisation, Power/Electrification)

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The world’s biggest oil and gas companies could have afforded to pay for the loss and damage associated with the fossil fuels they produced over the past few decades, and more of this wealth should be funnelled into loss and damage funds, according to a report published on Thursday.
The world’s biggest oil and gas companies could have afforded to pay for the loss and damage associated with the fossil fuels they produced over the past few decades, and more of this wealth should be funnelled into loss and damage funds, according to a report published on Thursday.


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