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She was referring to the green transition, and the opportunities and challenges that lay before us as world leaders race to decarbonize their economies. And since 2015, there has been a 30% shortfall between what the government has committed to spending on climate and what it has actually invested.
She was referring to the green transition, and the opportunities and challenges that lay before us as world leaders race to decarbonize their economies. And since 2015, there has been a 30% shortfall between what the government has committed to spending on climate and what it has actually invested.
Even markets such as China and Russia , where coal still has a heavy presence and new coal-fired power plants are in the pipeline, have kept coal and gas-powered generation out of their respective green taxonomies. Their commitment to decarbonization becomes questionable, and their global relevance risks diminishing.
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