💨 Abstract

Fitch Ratings warns of slow decarbonization progress, with developed economies showing improvement but emerging markets failing to reduce emissions. World CO2 emissions rose by 1.8% last year compared to a 2.9% increase in GDP. Emerging markets, especially those excluding China, underinvested in clean energy projects, contributing to their poor performance in decarbonization.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖