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Nations pledge record funding to accelerate the clean energy transition

A new coalition committed billions to solar, wind, and grid upgrades, calling this the decisive decade.

Environment Desk·July 6, 2026·1 min read
Nations pledge record funding to accelerate the clean energy transition

Governments and private investors unveiled a landmark funding package aimed at speeding up the shift away from fossil fuels.

The money will flow into renewable generation, battery storage, and modernized power grids across developing and advanced economies alike.

Campaigners welcomed the scale of the commitment while stressing that delivery, not promises, will determine success.

"This is the decisive decade," one climate envoy said. Critics noted that emissions continue to rise even as investment grows.

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