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Janet Yellen says, '$3 Trillion needed annually for Climate funds'

Janet Yellen says, '$3 Trillion needed annually for Climate funds'

US Treasury Secretary Janet Yellen has highlighted the urgent need for $3 trillion annually to finance the global transition to a low-carbon economy, a significant increase from current levels. Speaking in Belem, Brazil, Yellen underscored that this investment is crucial for achieving net-zero emissions and represents the "Single-greatest economic opportunity of the 21st century." this statement follows the recent g20 finance leaders meeting in Rio De Janeiro.