(Reuters) - The International Energy Agency will work to ensure the World Bank, regional development banks and others prioritise the cost of investing in clean energy in developing countries following the COP28 summit last week, its Executive Director said.
World governments agreed to triple renewable energy generation capacity by 2030 and transition away from fossil fuels at the COP28 United Nations climate conference in Dubai. But no mechanism was agreed to finance the transition to clean energy in developing countries.
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