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Climate Change Costs

 
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Climate Change Costs
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Green Economic Stimulus(7/8)

The global economic crisis prompted by the financial meltdown in 2008 has resulted in massive government spending by governments to try and kick start their economies. Many view this as a once-in-a-lifetime opportunity to lay the foundations for a low-carbon, climate friendly future by investing in renewable energy and energy efficiency. But will the economic stimulus be green? Who is taking the lead. So far it is the Asia Pacific, specifically China and South Korea, that have invested most in truly green shoots of recovery. (Source: HSBC)

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