London (AFP) Feb 17, 2022

The world must by 2030 slash $1.8 trillion in annual subsidies that destroy the environment, in order to “finance a net-zero global economy”, according to a study Thursday from business groups including one founded by tycoon Richard Branson.

The report, estimating the value of damaging state subsidies, was commissioned by Branson’s nonprofit initiative The B Team and global coalition Busines
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