News

World Bank, IMF eye ways to link debt relief to climate change spending
The World Bank and the International Monetary Fund are planning to launch a platform to advise poor countries on funding climate and conservation activities, amid a broader push that could

How Debt and Climate Change Pose ‘Systemic Risk’ to World Economy
With dozens of countries struggling to manage both staggering debt and mounting climate disasters, some financial leaders are calling for green debt relief. How does a country deal with climate

Redirect harmful subsidies to benefit the planet, UN urges governments
Head of the Kunming biodiversity summit asks nations to review destructive support for fishing, agriculture and other industries By Patrick Greenfield Billions of pounds of environmentally harmful government subsidies must

Global EV sales accelerating, but government help needed – IEA
Global electric vehicle (EV) sales picked up speed in the first quarter, but more government action is needed on charging stations and fossil-fuel vehicle bans to keep the momentum going,

France and Germany unveil green recovery plans
French Economy Minister Bruno Le Maire and German Finance Minister Olaf Scholz unveiled their national recovery and resilience plans at a joint press conference Tuesday (27 April) ahead of the

A Post-Pandemic Green Recovery for Asia
In an upcoming new report, The Asia Foundation and Vivid Economics identify opportunities and propose realistic measures for the governments of China, India, Japan, and Korea to make their stimulus

These countries are leading the way on a post-pandemic green recovery
The world’s 50 largest economies have pledged to spend trillions of dollars on post-pandemic recovery initiatives, estimated to total $14.6 trillion. While these sums will help to protect and create

Brookings experts comment on Biden’s climate summit
On April 22 and 23, President Biden hosted a virtual Leaders Summit on Climate. Shortly before the summit, the United States announced a plan to cut U.S. greenhouse gas emissions

July moment of truth for WTO fishery subsidy talks
The head of the World Trade Organisation is hoping to present a final text of a deal on ending harmful fishery subsidies to a virtual meeting of trade ministers in