Global
COP27 is the “number one litmus test” of how seriously the world takes the toll on countries that suffer most from climate change, according to the UN Secretary-General. November’s summit must finally make good on promises to deliver climate action that ensures a sustainable future for all
Private markets function on data – but the data to accurately price climate risks in investment decisions is sorely lacking. We must urgently fill this information void or private finance will fail to contribute to climate action
New technologies will play a vital role in achieving net zero. Getting them on stream and in widespread use fast enough to prevent climate catastrophe calls for bold and urgent action to unblock essential investment
Recent attempts to place sanctions on Russia illustrate how easily illicit financial flows are concealed on a massive scale. With trillions diverted from critical development projects each year, jeopardizing many of the SDGs, the world has an urgent and moral duty to expose and stanch the movement of these ill-gotten gains
ESG ratings are imperfect measures of a company’s exposure to environmental, social, and governance risk, and they often ignore the impact that companies have on society. Complete redesign might help, but is that possible?
Global, Sub-Saharan Africa
Global development finance has been thrown into disarray – first by the pandemic and now the war in Ukraine. Ramping up finance flows to LDCs in the short term might appear unrealistic, but it is more essential than ever if we’re to avoid even greater catastrophes ahead
Leaders across government, civil society, and the private sector must support the rapid, exponential growth of low and zero-emissions technologies if the world is to achieve the Paris goals
Funding for polluting projects remains alarmingly high. We need to urgently switch this finance toward sustainable projects. The relatively cheap cost of action now compared with the economic disaster of inaction is a math “no brainer” – and the time to act is now
All countries need to work towards the Paris Agreement, but for developing countries this can present technological and logistical challenges. How can international partnerships help all countries contribute to and benefit from this common cause?
We’ve seen laudable commitments on sustainable finance. But numerous gaps need to be addressed before the financial system will fully play a central role in a sustainable future
