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Congress could immediately create millions of good jobs and provide relief to families struggling to pay energy bills, while simultaneously advancing a cleaner economy by dramatically increasing funding to state energy efficiency and assistance programs. Expanding these programs can support the long backlog of “shovel-ready” projects and put people to work immediately in well-paying jobs.

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China's central government has turned to regional integration for the country's next stage of economic development, announcing or strengthening mega-region initiatives like the Yangtze River Delta Integration, Greater Bay Area Development and Beijing-Tianjin-Hebei Integration. If done right, this strategy can also help shift China onto a low-carbon pathway.

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WRI researchers analyzed energy supply investments from the World Bank, International Finance Corporation and Asian Development Bank. While only 3 percent of this financing is misaligned with the goal of limiting temperature rise to 2⁰C, about half fell into a “conditional” category; its alignment with a low-carbon future depends on how projects are designed.

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