The impact of the Ukraine crisis on climate change – AXA Investment Managers

What the impact of war means for the race to net zero.

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... Russia’s invasion of Ukraine has significantly disrupted energy markets and accelerated the EU’s ambition to reduce its dependence on Russian fossil fuels. The European Commission plans to accelerate its already ambitious renewable technology implementation plans, which should raise the average emissions reduction pace to -5.0% per annum, from -4.8%.

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