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Financial resources and sound investments are needed to address climate change, to both reduce emissions, promote adaptation to the impacts that are already occurring, and to build resilience. The benefits that flow from these investments, however, dramatically outweigh any upfront costs.

Studies and reports conducted before the COVID-19 pandemic showed that investments in climate action would go far to build a sustainable economy. According to October 2019 data from the World Bank, the world will need to make significant investment in infrastructure over the next 15 years –around US$90 trillion by 2030. But it can recoup those investments.