Questions over a tax on global shipping and other big sources of greenhouse gas emissions, and how countries should go about setting up a loss and damage fund continue to be the subject of fierce discussion, as governments meet in Paris to prepare an overhaul of global development and climate finance. Nearly 40 heads of...Read More

The head of the African Development Bank, Dr. Akinwumi Adesina on Thursday once again underscored the case for multilateral development banks (MDBs) to be allowed to leverage International Monetary Fund Special Drawing Rights. With an increased allocation, MDBs could crowd in much-needed resources for developing nations to fight climate change and fast-track the UN Sustainable...Read More