Climate-vulnerable countries push for global funding framework

🌐 The Straits Times (Singapore) —
Climate-vulnerable countries push for global funding framework

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Climate-vulnerable countries alongside major development banks launched an initiative to unlock affordable and predictable funding for nations facing climate shocks and rising debt. The global push aims to support sustainable development and resilience to climate risks.

LONDON, June 23 - The world’s most climate-vulnerable nations and a set of major development banks launched a new initiative on Tuesday aimed at unlocking cheaper and more predictable funding for countries increasingly facing climate shocks and rising debt costs.

World Politics Markets climate change vulnerable countries development banks funding climate shocks debt management sustainable development

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