Carbon emissions ‘will drop just 40% by 2050 with countries’ current pledges’

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Carbon emissions ‘will drop just 40% by 2050 with countries’ current pledges’
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International Energy Agency says $4tn investment needed over decade to reach net zero target

The crisis has highlighted the danger of relying on fossil fuels subject to price volatility, but also the fact the region still relies heavily on gas, with renewables as yet unable to meet energy needs.

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