Developing cities can finance climate-resilient infrastructure and renewable-energy projects by improving their creditworthiness or aligning investment goals with green bond performance targets, according to a recent report.
Takako Morita –
Climate finance has been central to the discussion about galvanising developing nations to take action on climate change. But are they ready to receive climate finance, asks ADB's Takako Morita.
Ingrid van Wees –
Humanity only has three years left to safeguard the climate, but a lot more funding than what is currently available is required to build a low-carbon future. ADB's Ingrid van Wees suggests that local currency green bonds could be the answer.
Fei Huang –
With more than half of the global population living in cities today, sustainable development cannot be realised if segments of society cannot participate in all aspects of urban life. Here are five ways to make a city more inclusive.
Scrapping fossil fuel subsidies would be the first step towards sustainability in both environmental and budgetary terms, and allow for the development of an energy mix that reflects the true costs of energy production, writes ADB's Shikha Jha.