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Climate Action Pledges at COP28
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The US pledges $3 billion to the Green Climate Fund, while countries at the COP28 summit commit to tripling renewable energy capacity by 2030. The fund aims to support climate adaptation, clean energy, and nature-based solutions. The US delegation emphasizes global participation in climate action, highlighting the need for $250 billion annually by 2030 for climate adaptation in developing countries.
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How can philanthropic institutions contribute to climate adaptation in developing countries, and what are the key considerations in their investments?
How might the US's pledge impact global efforts to address climate change and the energy transition?
What are the potential challenges and opportunities in phasing out global consumption of fossil fuels?
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