Opinion / #COP27
Climate change is expected to displace tens of millions of people by mid-century, especially in the Global South. By enhancing international cooperation, we could improve the lives and livelihoods of the displaced and develop sustainable solutions that enable affected communities to rebuild.
Many campaigners on international financial institutions know from monitoring the multilateral lender's operations that it lacks a "climate culture", as it imposes loans and conditionalities to Global South countries.
Reducing methane emissions is key to limit global warming.
COP28 will take stock of the step change in ambition needed, but the gulf in climate finance promises and realities presents an obstacle to a stronger action.
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