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Climate finance: preparations for UN climate talks kick off
3/6/2024: Signatories of the Paris Agreement pledged to come up with a new finance goal before 2025. And the pressure to up the target is growing. Negotiators are laying the groundwork for a new climate finance goal ahead of the COP 29 summit later this year.
Source: DW
Blueprint for global financial architecture that works for Africa
2/6/2024: In the aftermath of recent economic shocks, three African countries – Zambia, Ghana, and Ethiopia – have defaulted on their debt, and 10 others, including Kenya and Rwanda, have slid into a high risk of debt distress. At meetings of the African Development Bank, African leaders have laid out their demands for the new financial architecture.
Source: The East African