International Monetary Fund Managing Director Kristalina Georgieva said that countries need to shift some $7 trillion in direct and indirect annual subsidies for fossil fuels to help finance the fight against climate change.
This reallocation can significantly contribute to financing efforts aimed at mitigating the impacts of climate change.
3
CHRIS NGATIA
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40 w
Green energy financing will aid alot
1
Munene Mugambi
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42 w
We're in agreement on cutting the subsidies but we need not shift the buying burden to the citizens. If the governments don't want the fossil fuels, let the provide better and alternative fuels
6
Tabitha Kimani
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42 w
The amount of subsidies that fossil fuels receive means that it will take the world a longer time to do away with them. Meanwhile the climate continues to deteriorate permanently.
1
Saustine Lusanzu
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42 w
Climate financing is what we need
10
Munene Mugambi
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42 w
@saustine_lusanzu what we require is reducing subsidies to fossil fuels first of all
1
Rashid Kamau
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42 w
@saustine_lusanzu Climate finance is essential for meeting the challenges of climate change.
1
Abraham Jok Atem
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42 w
Finances are essential to tackle climate crisis. So this released amount is worth making an impact
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40 w
This reallocation can significantly contribute to financing efforts aimed at mitigating the impacts of climate change.
•
40 w
Green energy financing will aid alot
•
•
42 w
We're in agreement on cutting the subsidies but we need not shift the buying burden to the citizens. If the governments don't want the fossil fuels, let the provide better and alternative fuels
•
•
42 w
The amount of subsidies that fossil fuels receive means that it will take the world a longer time to do away with them. Meanwhile the climate continues to deteriorate permanently.
•
42 w
Climate financing is what we need
•
•
42 w
@saustine_lusanzu what we require is reducing subsidies to fossil fuels first of all
•
•
42 w
@saustine_lusanzu Climate finance is essential for meeting the challenges of climate change.
•
42 w
Finances are essential to tackle climate crisis. So this released amount is worth making an impact