Tag: climate finance
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The IMF and World Bank face litmus test of their willingness to reform
Africa’s unfair treatment by the financial system is getting more acute amid the climate crisis. Below are some of the many reforms needed to shift that. ... -
It’s time to fix the problem of Africa’s 500% debt premium
Rather than having too much debt, the challenge for countries in Africa may be that their debt is just too expensive. But there are remedies. As ... -
What Africa needs from the World Bank annual meetings
$1 spent on climate adaption can yield up to $10, not to mention immeasurable other benefits, yet efforts remains chronically underfunded. Morocco’s Marrakech is a magical ... -
Who, what, where? The Loss and Damage Fund’s unresolved questions
Since the breakthrough agreement at COP27, developed and developing countries have remained at odds on key details. At last year’s COP27 climate talks, governments agreed to ...
