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Russia's Gold-Funded Climate Initiative
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Russia seeks to tap frozen gold reserves to finance the climate damage fund at the COP28 summit, aiming to bridge the divide between developed and developing nations in addressing climate change.
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How could the use of frozen gold reserves as a climate finance source affect the relationship between developed and developing nations in the context of climate change?
How might Russia's proposed use of frozen gold reserves impact the global distribution of climate finance?
What are the potential implications of the likelihood of the initiative not being agreed upon at the COP28 summit?
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