G7 sets out terms for global ‘climate club’
14 Dec 2022
German Chancellor Olaf Scholz presented the long-awaited terms for his ‘climate club’, a platform for countries wishing to protect the climate. However, it may be overshadowed by similar initiatives recently announced.
Scholz first proposed a ‘climate club’ initiative in 2020, during his time as finance minister. Gathering “ambitious, bold and cooperative” countries, the concept seeks to unify large states in their climate schemes, such as carbon pricing.
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