Greenpeace urges G20 leaders to cut fossil fuel subsidies and kick start Climate Fund

Greenpeace challenged G20 leaders attending this week’s summit in Cannes to deliver on their pledge to cut fossil fuel subsidies and instead invest in green jobs, in response to the current global financial, economic, and environmental crisis. A » World Bank report prepared for the G20 shows that if developed countries transferred $10 billion from fossil fuel subsidies to climate finance, this could kick start the $100 billion Green Climate Fund and pay for real solutions that cut emissions, create jobs and help the most vulnerable countries adapt to climate change ...Zum vollständigen Artikel

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