New BWP briefing finds the World Bank counted 70 per cent of energy-sector reforms in Development Policy Financing as having 'climate co-benefits' between 2018-2023 - but most of these promoted a private-led energy transition.
Environment
Commentary
Bridgetown Initiative calls for new Global Climate Mitigation Trust financed via Special Drawing Rights
IMF’s lending instruments fail to provide swift and large-scale funding for climate transition. The Bridgeton Initiative proposes a new trust backed by $500 billion in SDRs for climate and development.