The misdirection of climate finance

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

The 뉴스

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.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 2. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

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.
출처: TheManilaTimes - 🏆 2. / 92 더 많은 것을 읽으십시오 »

‘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
출처: MlaStandard - 🏆 20. / 55 더 많은 것을 읽으십시오 »

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.
출처: gmanews - 🏆 11. / 68 더 많은 것을 읽으십시오 »