October 30, 2003
Sustainable Development North and South
Climate change policy coherence in global trade and financial flows.
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This report identifies ways of encouraging low-carbon, anti-poverty project investments in developing countries, and discouraging international financial institutions’ (IFIs) and export credit agencies’ (ECAs) investments in fossil fuels. Given the slow pace of IFI and ECA reform, the paper examines a number of alternative measures that can be introduced independent of IFI and ECA reform.
