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COP29 Host Azerbaijan Shelves Fossil Fuel Tax for Voluntary Fund

Azerbaijan, the host of this year’s United Nations climate summit, shelved a planned levy on fossil fuel production in favor of creating a voluntary fund with at least $1 billion for mitigation projects in developing countries.


  • Jul 19 2024
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(Bloomberg) — Azerbaijan, the host of this year’s United Nations climate summit, shelved a planned levy on fossil fuel production in favor of creating a voluntary fund with at least $1 billion for mitigation projects in developing countries. Read More

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