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Opinion / #incentives
Multilateral development banks have not kept pace with changes to the global financial environment. For middle-income countries like India, accessing knowledge and technology is now a bigger challenge than raising capital, which suggests that these institutions must rethink their operating model.
Measuring environmental impact has historically been prohibitively expensive, but technology can change the equation. Blockchain advocate Sunny Lu argues that verified sustainability can help brands build trust with eco-conscious consumers.
If the EU is to achieve its 2030 and 2050 climate goals, it must act now to ensure that it can weather the inevitable political headwinds. A new green social contract and industrial policy can make all the difference.
Without a concerted effort by governments and international financial institutions to harmonise standards and strengthen incentives for investments in decarbonisation across the developing world, mid-century net-zero targets will slip out of reach. Three issues, in particular, warrant greater attention.
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