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Climate concerns: Ahead of G20...

NEW DELHI: G20 countries allocated a...

Climate concerns: Ahead of G20 Summit, study says bloc poured $1.4 trillion into fossil fuels in 2022

NEW DELHI: G20 countries allocated a staggering $1.4 trillion of public funds to support fossil fuels in 2022, aiming to counter the impact of their soaring prices due to the Ukraine war and strengthen energy reserves, a new study has said.The study by independent think tank International Institute for Sustainable Development (IISD) and partners comes as G20 leaders prepare for their summit meeting scheduled for September 9-10 in New Delhi.India, the current G20 president, has made good progress, the study says,highlighting the cut in the fossil fuel subsidies...

Climate concerns: Ahead...

NEW DELHI: G20 countries allocated a staggering $1.4 trillion of public funds to support fossil fuels in 2022, aiming to counter the impact...