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With the world on track for global warming of 3.6 degrees Celsius, emissions reduction is imperative for developed countries, but development in the global South needs to happen sustainably.
The technologies that can lead the transition to a low-carbon economy are already available, but they need to be implemented and their high upfront costs can be a problem for developing countries.
In this video, Niklas Höhne, director of energy and climate policy at consultancy Ecofys, explains that cooperation between the public and private sectors can help tackle the problem.