Ahead of the International Monetary Fund-World Bank Annual Meeting in Bangkok, frontline nations call for financial liberation from the debt traps and failed prescriptions of International Financial Institutions.
The devastating floods in Nepal demonstrate what happens when reckless development puts climate-vulnerable communities in harm’s way. They also highlight a climate-finance system that is unable to provide the funds countries need in the immediate aftermath of such disasters.
Climate change is increasingly driving displacement, raising urgent questions about development models that foster unequal growth while exacerbating ecological risk.
The 48th Asean Summit in Cebu closed last week vowing “just” energy transition yet fossil fuel dependence and “green extractivism” deepen inequalities.