
The Private Sector’s Murky Role in Climate Finance
Multinational corporations and investment banks shouldn’t dominate financing of climate adaptations, says Janet Redman, reporting live from the UN Climate Summit, Doha, Qatar.
Multinational corporations and investment banks shouldn’t dominate financing of climate adaptations, says Janet Redman, reporting live from the UN Climate Summit, Doha, Qatar.
Co-director of the Sustainable Energy and Economy Network at IPS, Janet Redman, provides live updates from the UN Climate Summit, Doha, on the Green Climate Fund, a “Robin Hood” tax on financial transactions, protests, and more.
Janet Redman, Co-Director of the Sustainable Energy and Economy Network, will be at the UN Climate Summit in Doha, Qatar, providing live updates from the conference and advocating for innovatice sources of finance – such as a “Robin Hood” tax on financial transactions – to fill the Green Climate Fund.
If rich countries respond to their own financial woes by slashing aid to the world’s poorest countries, the Millennium Development Goals will end up on the boulevard of broken dreams.
The November 15 economic summit isn’t the best way to address many of the underlying issues that contributed to the global economic crisis in developing countries.