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Meeting the ambitious goal of limiting global warming to 2° Celsius or less will require significant innovation - the improvement of technologies and processes to drive down their cost and improve their performance. Public climate finance is essential to spurring innovation and creating the

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Over the past year, the Clean Technology Fund (CTF) administered by the World Bank in partnership with Regional Development Banks has begun financing clean technology deployment projects in fast growing developing countries.

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The low-carbon energy imperative

Among the issues domestic and international policymakers must address in combating climate change is how to deploy and diffuse current low-carbon technologies in developing countries.

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