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Why Mozambique will ask for $80 billion at COP28
President Filipe Nyusi is expected to lobby potential international partners and investors at the upcoming climate summit in Dubai. The investment will also go towards expanding the country’s hydropower capabilities and accelerate the switch to electric vehicles. Mozambique’s plan reflects a major sticking point in climate negotiations: The transfer of investments from rich countries — blamed for a majority of planet-warming emissions — to poorer countries that bear the brunt of global warming. Wealthy nations finally hit a goal of providing $100 billion in climate finance to developing...…President Filipe Nyusi is expected to lobby potential international partners and investors at the upcoming climate summit in Dubai. The investment will also go towards expanding the country’s hydropower capabilities and accelerate the switch to electric vehicles. Mozambique’s plan reflects a major sticking point in climate negotiations: The transfer of investments from rich countries — blamed for a majority of planet-warming emissions — to poorer countries that bear the brunt of global warming. Wealthy nations finally hit a goal of providing $100 billion in climate finance to developing...WW…
Will Western support for Ukraine hold up?
“I’m here today to deliver an important message – the United States will continue to stand with Ukraine in their fight for freedom against Russia’s aggression, both now and into the future,” Austin wrote on X. Austin’s second trip to Kyiv comes after U.S. President Joe Biden reaffirmed his administration’s commitment to Ukraine, writing in a Washington Post op-ed that supporting Kyiv today “prevents a broader conflict tomorrow.” The U.S has so far sent over $40 billion in funding to Ukraine, but Biden is struggling to rally political support, particularly among House Republicans, to back...…“I’m here today to deliver an important message – the United States will continue to stand with Ukraine in their fight for freedom against Russia’s aggression, both now and into the future,” Austin wrote on X. Austin’s second trip to Kyiv comes after U.S. President Joe Biden reaffirmed his administration’s commitment to Ukraine, writing in a Washington Post op-ed that supporting Kyiv today “prevents a broader conflict tomorrow.” The U.S has so far sent over $40 billion in funding to Ukraine, but Biden is struggling to rally political support, particularly among House Republicans, to back...WW…
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