Private sector must do 80% of climate funding

Anurag Sharma
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The International Monetary Fund (IMF) has stated that emerging market economies will need a five-fold increase in climate mitigation investment to $2 trillion by 2030 in order to achieve net-zero emissions by 2050. The IMF emphasized that the private sector will need to supply about 80% of the required investment, rising to 90% when excluding China.

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