Ahead of the World Bank's annual meeting, a think tank finds that Sri Lanka, Pakistan, Mongolia, Vietnam and Laos have issued the most in sovereign debt to date in the region.
After agreeing in 2009 to phase out dirty energy subsidies, G20 nations pumped US$1.4 trillion into supporting fossil fuel use in 2022 – money that should be redeployed to support a shift into renewables, analysts say.