Opinion / #ADB
Given the escalating climate crisis, multilateral lenders must urgently adopt an approach to development aid that emphasises prevention. By incorporating structural vulnerabilities into their allocation formulas, the World Bank and others can strengthen poor countries' resilience and increase fairness, efficiency, and transparency.
Supporting natural gas projects hinders the deployment of clean and renewable energy solutions for developing countries. Instead, nations should receive help in phasing out fossil fuels in line with their climate targets.
Climate change poses serious challenges to the world’s food system. Implementing sustainable practices can help bolster climate resilience in agricultural production.
How will Asia's energy transition mechanism — potentially the world’s largest CO2 reduction programme — phase-out coal in the energy-hungry region?
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