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COP30 must deliver on the Paris Agreement’s core promise by securing predictable finance and effective technology transfer to enable equitable clima

A decade since the Paris Agreement reshaped global climate governance, COP30 in Belém must confront the widening gap between ambition and action—re

The global effort to meet the targets set by the Paris Agreement on Climate Change and the Sustainable Development Goals will depend crucially on reforming the structure of development finance. Mobilising private capital will be an essential part of this effort, and existing development finance institutions, led by the complex of multilateral development banks (MDBs), will have to re-orient their strategies and functioning to prioritise this mobi

The failure of global finance to create a bridge between savings that earn low returns in the global north and the projects that would create much-needed infrastructure in the global south has caused a crisis that needs the attention of global regulators. Among the multiple causes of this crisis is the stringent regulatory response to the 2008 financial crisis, including new lending norms for banks; the tardy response of institutional investors t