The misdirection of climate finance

  • 📰 TheManilaTimes
  • ⏱ Reading Time:
  • 14 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 92%

The Noticias

Misdirection,Of,Climate

The misdirection of climate finance

A NEW study by the environment and development think tank The Breakthrough Institute has directed harsh criticism at the World Bank and other multilateral development banks for 'a major misallocation' of climate finance to low- and middle-income countries, finding that the greater part of the funding was directed to climate mitigation despite those countries contributing the least global emissions that are causing climate change.

'The current allocation of climate finance risks pushing low-income, low-emitting countries further into debt for projects that don't meet their most urgent needs,' Vijaya Ramachandran, a lead researcher on the study, said in a press release.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 2. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Unlocking urban climate finance: Key insights from IndonesiaBANGKOK — Over half of the Asia-Pacific region's population now live in cities. While urbanization brings people closer to opportunities and better services, many urban dwellers are also experiencing the adverse impacts of climate change such as floods, urban heat and infectious diseases.
Fuente: TheManilaTimes - 🏆 2. / 92 Leer más »

‘Give LGUs climate finance access’Makati City Mayor Abby Binay underscored the need to provide stable funding for local governments that are at the frontlines of disaster response. “For
Fuente: MlaStandard - 🏆 20. / 55 Leer más »

Climate change finance could land at ‘hundreds of billions,’ COP29 leaders sayLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Fuente: gmanews - 🏆 11. / 68 Leer más »