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Russian officials at the COP28 summit on Dec. 9 in Dubai said Moscow is studying whether some of its gold reserves, frozen by the West after its full-scale invasion of Ukraine, could be used to help the Global South combat climate change. “We are ready to announce that Russia is looking into the voluntary contribution of finance to the loss and damage fund from the frozen national gold reserves held by international organisations,” Ruslan Edelgeriyev, Russia’s climate representative, said on the main stage at COP28, RFE/RL reported. Russia enjoys historic ties with many countries in Asia, Afri…

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