Robust climate action plans are needed, as it is imperative to reduce global greenhouse gas (GHG) emissions by 2030 to limit global warming to 1.5°C. – Photo by Martin Harvey
FOLLOWING the conclusion of the 2023 United Nations Climate Change Conference (COP28), the global stocktake emerged as the central outcome, offering nations a roadmap to develop robust climate action plans by 2025.
The urgency is underscored by the scientific imperative to reduce global greenhouse gas emissions by 43% by 2030 to limit global warming to 1.5°C. And banks play a pivotal role in allocating funds and resources to combat climate change.
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