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Transcripts For BBCNEWS World Business Report 20240706



we start with more from the cop27 summit in egypt. as you ve been hearing, developing countries have urged richer nations to provide financial support to combat the effects of climate change. but many countries face huge challenges in keeping energy supplies flowing, and the energy crisis has moved the focus from renewables and the transition to green energy to energy security at any cost. opec now says the world will hit peak oil demand later than expected because countries are prioritising energy security over net zero emissions. speaking at his first international appearance since taking office, the british prime minister rishi sunak said the energy crisis shouldn t be a barrier to the green transition. climate security goes hand in hand with energy security. putin s abhorrent war in ukraine and rising energy prices across the world are not a reason to go slow on climate change. well, let s discuss these points with atul arya, chief energy strategist at s&p global, w ....

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