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Despite the complexity of discussions and uncertainties surrounding energy transition and MDB reforms, there is optimism that the summit's leaders can find a minimum consensus to demonstrate unity.
Experts say the majority of the funding allocated to developing countries to address the effects of climate change and achieve their climate objectives is provided in the form of loans or investments, rather than grants, which means countries have to pay it back. This is a problem because the countries that need the money the most can't afford to pay it back.
According to data from the Climate Policy Initiative (CPI), an independent climate policy organization headquartered in San Francisco, regions housing the majority of low and middle-income countries received less than 25 percent of climate finance flows
Edwin Gakunga is a student at the Kenya School of Law and a JURIST Assistant Editor. He files this dispatch from Nairobi. Filing from the vibrant city of Nairobi, Kenya, I find myself privileged to b...
B20 India Summit: MSMEs Need Access to Funding and Technology