Governments Using Billions of Public Funds to Subsidize Climate-Destructive Industries—Report

Governments Using Billions of Public Funds to Subsidize Climate-Destructive Industries—Report

NAIROBI, Sep 18 (IPS) - A report examining corporate capture of public finance is accusing industries fueling the climate crisis, including fossil fuel ones, of draining public funds in the Global South, singling them out for squeezing out of governments USD 700 billion in public subsidies each year.

Read the full story, “Governments Using Billions of Public Funds to Subsidize Climate-Destructive Industries—Report”, on globalissues.org →

https://www.globalissues.org/news/2024/09/18/37695 [Collection]