Financial Mirror on Nostr: More needs to be done on fossil fuels phase-out ========== Changes in climatic ...
More needs to be done on fossil fuels phase-out
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Changes in climatic conditions affect the environment, societies, and economies; COP29 held in Baku in November 2024 aimed to address climate crisis and limit global temperature rise to below 1.5°C; COP29 discussed climate change's link to human health and created a fund for countries severely damaged by climate change; Developed countries pledged to increase financing to $300 billion per year by 2035 for vulnerable countries; Countries agreed to submit more ambitious emission reduction plans by 2030; COP29 failed to reach an agreement on the complete phase-out of fossil fuels; Cyprus increased greenhouse gas emissions reduction targets from -24% to -32% by 2030; COP29 decisions affect public health and energy costs; Individuals can contribute by reducing waste and supporting green practices; The article emphasizes the collective responsibility in combating climate change.
#ClimateChange #Cop29 #FossilFuels #Sustainability #EnergyTransition #Cyprus #GlobalWarming #Environment #PublicHealth #GreenFinancing
https://www.financialmirror.com/2025/01/01/more-needs-to-be-done-on-fossil-fuels-phase-out/
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Changes in climatic conditions affect the environment, societies, and economies; COP29 held in Baku in November 2024 aimed to address climate crisis and limit global temperature rise to below 1.5°C; COP29 discussed climate change's link to human health and created a fund for countries severely damaged by climate change; Developed countries pledged to increase financing to $300 billion per year by 2035 for vulnerable countries; Countries agreed to submit more ambitious emission reduction plans by 2030; COP29 failed to reach an agreement on the complete phase-out of fossil fuels; Cyprus increased greenhouse gas emissions reduction targets from -24% to -32% by 2030; COP29 decisions affect public health and energy costs; Individuals can contribute by reducing waste and supporting green practices; The article emphasizes the collective responsibility in combating climate change.
#ClimateChange #Cop29 #FossilFuels #Sustainability #EnergyTransition #Cyprus #GlobalWarming #Environment #PublicHealth #GreenFinancing
https://www.financialmirror.com/2025/01/01/more-needs-to-be-done-on-fossil-fuels-phase-out/