ReferIndia News Global Cut in Fossil Fuel Funding Raises Concerns Over Clean Energy Focus

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Global Cut in Fossil Fuel Funding Raises Concerns Over Clean Energy Focus

Published on: Sept. 30, 2025, 3:35 a.m. | Source: Devdiscourse

A coalition of 35 countries has reduced international fossil fuel funding by up to 78%, despite some members approving new projects. Initially agreed in 2021 to promote clean energy, the initiative faces challenges due to geopolitical tensions and the U.S. withdrawal, raising concerns over future multilateral cooperation.

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