Trillions in Climate Finance Needed to Avert Catastrophic Warming
The article examines how money can help reduce greenhouse gases and fight climate change. It looks at both public and private funds that support green projects like energy-efficient buildings and green transportation. The study talks about the Green Climate Fund and how money from pollution taxes and trade programs can help. It also mentions new ways, like green bonds, to get money for climate projects. The researchers believe that we need a lot more money to reach the goals of the Paris Agreement. Climate finance has made progress, but it needs a big boost to succeed.