private sector

The public sector’s deficit equals the private sector’s surplus.

A £1.5m report into the feasibility of Grangemouth becoming a low-carbon energy hub, known as Project Willow came up with nine ideas that could be developed with private sector investment.

"We mobilized civil society, academia, the private sector, indigenous peoples, and social movements, making COP30 the COP with the second-highest participation in history."

They called for more transparency from lenders, including in the private sector, and backed a review of the International Monetary Fund as well as work to establish global minimum taxes.

But it did not say if this should come from governments of richer nations or from other sources, like the private sector.