November 22, 2024
Climate finance needs strong partnerships and more private investment • Table.Media #NewsUnitedStates

Climate finance needs strong partnerships and more private investment • Table.Media #NewsUnitedStates

CashNews.co

Letzte Aktualisierung: October 21, 2024

by Ingrid-Gabriela Hoven

Ingrid-Gabriela Hoven, Deputy Chair of the Management Board of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. (Gabi Gerster)

The World Bank and International Monetary Fund are meeting this week. Ingrid-Gabriela Hoven, Deputy Chair of the GIZ Management Board, calls for changes to international climate financing.

In the next 80 years or so, our planet will warm by two and a half to three degrees Celsius – with unforeseeable consequences for life. This is shown by the latest calculations from the World Bank. Nevertheless, many countries and companies continue to insist on fossil fuels. In some regions, coal consumption has even increased.

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