News / #OECD
Developing countries are receiving just a fraction of the international finance they need to prepare citizens and adapt infrastructure for escalating climate impacts.
Billions already face water stress, a figure set to rise sharply, as worsening droughts and deluges threaten global development goals.
US president Donald Trump’s tariffs might only shave 0.3 per cent off global carbon dioxide (CO2) emissions this year, according to analysis.
State leaders from Germany, Canada, global corporations and institutional investors called for standardisation of blended finance in order to speed up financial flows for sustainable development. The company, to be launched later this year, aims to develop specialised blended finance vehicles.
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