G7 Ministers Commit to Renewable Energy Targets and Fossil Fuel Phaseout

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Source: Financial Times
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G7 environment ministers have agreed to accelerate the phaseout of coal and other fossil fuels to limit global warming to 1.5C. The ministers also pledged to increase funding for climate adaptation measures in developing countries and to protect biodiversity. The G7 countries aim to reach net-zero emissions by 2050 and to phase out government support for fossil fuels by the end of this year.

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