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Pacific leaders have been calling on a commitment to transforming the public and private financial system, at the domestic level and regional level. As such, financial flows must be compatible and in line with a 1.5-degree pathway, climate-resilient development, and just recovery efforts, which includes ceasing financing of fossil fuel projects and investing in 100% renewable energy projects. The session will focus on how climate financing instruments can be better adapted to the Pacific context, the need for more effective approaches, and the concerns that need addressing at COP26.
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Thematic Session 6: Climate Finance
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