Page 27 - Avinash Persaud News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The promise and peril of decarbonisation

Wopke Hoekstra argues a global tax on jet fuel could raise revenue for a loss and damage fund, but experts warn that won't be easy

Daphibiang Khardhuia, a budding Indian economist, is delving into the world of shadow banking, which rattled the country’s financial sector in 2018 and is back in the spotlight. As demand for credit surges in one of the world’s fastest-growing economies, investors, companies and people are increasingly turning to India’s thousands of shadow banks, also called nonbank financial institutions, which often step in when traditional banks hesitate.

The U.N.’s Green Climate Fund wants to triple in size. But even more is needed to help developing economies decarbonize.

Ziauddin Yousafzai Co-founder, Malala Fund  Adil Najam President, World Wide Fund for Nature