Wealthy countries continue to take a top-down approach to development interventions, especially for climate finance, which tends to be earmarked for mitigation initiatives. Instead, they must boost ...

The partnership will combine the EIB’s financial resources and investment expertise with policy tools developed under the Investment Facilitation for Development Agreement (IFDA) at the WTO.

COVID-19 taught the world that establishing novel financial mechanisms in the midst of a pandemic is practically impossible. That is why multilateral development banks must develop the necessary ...

The world is in the midst of a financing crisis.\xa0As world leaders work to mobilize trillions of dollars to meet climate and development goals, expensive public debt is limiting governments’ ability ...

Countries will collectively need to spend trillions of dollars to reach their decarbonization goals and protect the most vulnerable nations from climate disasters, but experts say that current funding ...

Transport is crucial for the economic and social development of nations. However, it’s also a major contributor to greenhouse gas emissions. Developing countries are now facing the challenge of ...

NEW YORK, Sept 29 (Reuters) - Leaders of developing countries threatened by climate change told rich nations at the United Nations General Assembly that they are falling far short of promises to fund ...

LONDON, Sept 22 (Reuters) - An alliance that installs renewable energy in developing countries wants to invest around $7.5 billion during its next five-year plan, executives told Reuters, and is ...