developing countries

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Will COP28’s climate fund promises become a reality?

Money is a very big sticking point at this year’s United Nations climate summit. Part of the problem is that American promises often go unmet.
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The financial paradox blocking efforts to fight climate change

Finding money for fossil fuel plants is much easier than financing clean energy projects, especially in developing countries.
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Biden official heads to COP28 on a minerals mission

At the upcoming United Nations climate talks, top State Department official Helaina Matza will be focused on a tough job: convincing representatives from developing countries that the U.S. push to dilute China’s growing influence can both build out needed infrastructure and green their economies.

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Developing countries need more money to protect themselves from climate change

To adapt to the threats developing countries are facing from climate change, the United Nations says they'll need at least 10 times more money than the public funding they received in 2021.
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Are debt-for-nature swaps the way forward for conservation?

Agreements to reduce developing countries’ debt burden in exchange for spending on nature will be on the agenda at a finance summit in Paris this week.

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Photo by AJ Colores on Unsplash

New World Bank President Ajay Banga leads at a pivotal moment

The incoming president will be under pressure to juggle the global institution’s ambitions to combat climate change and fight poverty.
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Vaishali Sinha: Businesses must partner with Global South for green energy transition

Western companies in advanced economies must be willing to partner with organizations in emerging countries.