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The Latest Breaking News from Avinash Persaud

Bank unveils green loans plan to unlock trillions for climate finance

IADB’s proposals involve lenders using public money to buy up renewable energy loans in poor countries

The Guardian - UK

Big money to respond to climate change is key to UN talks in Baku. How can nations raise it?

Big money to respond to climate change is key to the United Nations talks underway in Azerbaijan

The Independent UK

Climate Finance Can Be Hard Sell, Says Aide To Banks And PMs

Trillions of dollars are needed to make poorer nations more resilient to climate change, and studies have estimated that every $1 invested today will save at least $4 in future.

International Business Times

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The Best Way to Fight the Climate Crisis Is with Cold, Hard Cash

Richer countries need to support the developing world with climate financing

The Walrus

Stage set for conflict at COP28 with mixed response to outcome of key climate talks

Tense negotiations at the final meeting on a climate-related loss and damages fund — an international fund to help poor countries hit hard by a warming planet — ended Saturday in Abu Dhabi, with participants agreeing that the World Bank would temporarily oversee the fund for the next four years

The Independent UK

Shifting S. Africa coal plant for clean energy needs millions in loans; experts say that's a problem

Plumes of heat-trapping pollutants last billowed from the giant stacks of South Africa's Komati Power Station in October

The Independent UK

‘Countries are drowning’: climate expert calls for urgent rethink on scale of aid for developing world

World needs to offer trillions, not billions in overseas support, says leading climate economist Avinash Persaud

The Guardian - UK

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G20 finance heads face reform calls from Global South

Finance ministers and central bank governors are meeting at the IMF to discuss challenges facing global economy.

Al Jazeera

Barbados spearheads push on climate disaster financing

As climate-amped disasters ratchet up the suffering, the staid international finace system designed for an earlier age may be on the brink of change, driven by those on the front lines

The Independent UK

Cop27 loss and damage: Fight over human harm, huge climate costs

An issue called loss and damage will likely dominate difficult climate talks in Egypt this month

The Independent UK

Cop27 loss and damage: Fight over human harm, huge climate costs

An issue called loss and damage will likely dominate difficult climate talks in Egypt this month

The Independent UK

Could Barbados blueprint be a Marshall Plan for the climate crisis?

Mia Mottley, PM of Barbados, who, at Cop27 called again for climate justice, is devising a debt relief and loan blueprint, targeting the IMF

The Guardian - UK

Loss and damage: Fight over human harm, huge climate costs

An issue called loss and damage will likely dominate difficult climate talks in Egypt this month

The Independent UK

Loss and damage: Fight over human harm, huge climate costs

An issue called loss and damage will likely dominate difficult climate talks in Egypt this month

The Independent UK

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