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Fiji, Japan sign standby disaster loan financing agreement

Fiji and Japan signed an exchange of notes on Wednesday for a second stand-by disaster loan financing of around 72.0 million Fijian dollars (around 32.4 million US dollars), which will assist in any future needs for disaster recovery and rehabilitation.

IEA predicts decline in fossil fuel demand by 2050

The use of coal rebounds more rapidly in the near term and stays above the projection published in 2020 until around 2030, but its subsequent decline is likely to be faster than projected in 2020, the IEA said.