Much of the international community has been under the illusion that climate action and development are different pursuits. But to make progress on both agendas, the delegates at this year’s United Nations Climate Change Conference must recognise that they are one and the same, and begin building an integrated financing system.
Current macroeconomic frameworks rightly treat climate shocks as threats to fiscal stability, but do not recognise the economic benefits of investing in measures that mitigate their effects.
Clean energy investments in developing countries are slowed by an outdated banking rulebook from the 2008 financial crisis. At New York Climate Week, leaders should rethink the Basel Framework and its impacts on finance flows.
Chinese state-owned banks has shrunk as commercial bank "co-financing" grows. But a meaningful green pivot to lower-income countries, especially for renewable projects, has yet to be seen.
A year-long government “sandbox” study identifies recurring conflicts in solar, aquaculture-solar, micro-hydropower and geothermal projects, prompting policy reforms …