As the World Bank and IMF hold annual meetings in Washington, D.C., a new report calls for these institutions to reform their lending models to drive the clean-energy transition and help developing countries withstand climate shocks.
Economists from Asia, Africa and other regions are urging international financial institutions to reform their loan frameworks and mobilize more resources to help developing countries transition off fossil fuels and become climate-resilient.
Climate Change
Toxic Ocean Crisis in Papua New Guinea Sparks Mass Marine Die-Off and Public Health Emergency
Thousands of dead fish are washing ashore and people are falling ill too, as officials investigate possible sources of contamination.
It started in December, when dead fish began washing ashore New Ireland—a mountainous island in Papua New Guinea’s New Ireland Province, flanked by the Pacific Ocean and the Bismarck Sea.
Toxic Ocean Crisis in Papua New Guinea Sparks Mass Marine Die-Off and Public Health Emergency
Go behind the scenes with senior editor Corey Mitchell and reporter Bob Berwyn as they discuss critical measures of the planet’s health.
“Earth is being pushed beyond its limits while every key climate indicator is flashing red,” warned U.N. Secretary-General António Guterres after the release of the latest State of the Global Climate report from the World Meteorological Organization.
Climate Change
Summit Sold Its Midwest Pipeline as a Carbon Solution. Now, It’ll Be Used for Fossil Fuels.
The pivot reveals a company adapting to Trump’s “drill, baby, drill” agenda and looking to cash in on recently boosted tax incentives for enhanced oil recovery.
For four years, battles over private property rights have gridlocked state legislatures across the Midwest and stalled plans for a pipeline to transport liquified carbon dioxide from ethanol plants in the region.
Summit Sold Its Midwest Pipeline as a Carbon Solution. Now, It’ll Be Used for Fossil Fuels.
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