4 steps to unlock billions in climate funding at #COP29: 1. Draw on the potential of Special Drawing Rights 2. Ensure more SDRs 3. Unlock MDB capital by lowering equity-to-loan ratios 4. Redirect fossil fuel subsidies Pepukaye Bardouille's opinion⬇️ devex.com/news/opinion-t…

Hot off the press. Pre-order in time for your Spring 2025 political economy classes. routledge.com/Radical-Politi…

🚨 On day 1 of #COP29, 🇦🇿AZ Presidency seeks to speed up the endorsement of new standards on carbon markets. This is extremely alarming. If this moves forward, it would be a real cop-out by governmental delegations gathered in Baku. An explanatory thread 🧵⬇️

🔥NEW REPORT🔥 Are multilateral development banks a safe pair of hands when it comes to delivering climate finance? Our research found their finance flowing to the wrong kinds of projects in the wrong places Read more👉bit.ly/COP29cf #COP29 #PayUp #BankOnRenewables

w climate crisis accelerating, European Central Bank and Christine Lagarde backtrack to 'governments must derisk green capital' single materiality that dirty capital has long lobbied for. 1000 words & NOTHING on decarbonisation of monetary policy, as if 2020-2023 was a bad dream ft.com/content/ce5858…

We call on UN Member States to foster a global public finance ecosystem grounded in accountable and democratic collaborations, pulling together the world's powerful NDBs and MDBs #PublicBanks can do more than you think ... Public Banking Project Transnational Institute Eurodad McMaster Social Sciences

So...MDBs have committed to provide $120bn in climate finance to LMICs per year by 2030, with the caveat that this will require more shareholder resources Most MDBs climate finance is currently loan-based (70%). Amid a growing debt crisis, where does this leave the #NCQG? #COP29

Executive Director Catherine Pettengell explains why CAN-UK welcomed the UK 2035 NDC target announcement yesterday and what needs to happen next

#News Lens: New Boston University Global Development Policy Center brief by Marina Zucker-Marques & Rishikesh Ram Bhandary explores how IMF CCRT access could be expanded and replenished using the proceeds of an IMF gold sale to meet the needs of climate-vulnerable developing countries⤵️ bu.edu/gdp/2024/11/13…

🌍📢 Over 100 Global South trade unions demand #ClimateFinance that reclaims & restores public services. Don’t miss this vital press conference at #COP29: 🗓️ Tue, Nov 19 ⏰ 9:30 AM (Baku) 📍 Blue Zone’s Press Room 📡 Livestream tinyurl.com/south-press 📰tinyurl.com/South-COP29

Yeap, Milei's shock therapy making Argentina's industry really great again

Update: After a short procedural opening, the 3rd intersessional has moved to closed-door informals, so the process goes completely dark, again... ❌ No observers allowed. How can journalists and ultimately citizens hold their governments accountable in the dark?

This Tuesday, the last discussion on the #FfD4 outcome doc. will take place before Seville. And it's being livestreamed! So Christian Aid is hosting an informal gathering to watch the proceedings together with the community of UK FfD4 watchers. All welcome, please register.

Over 80 NGO leaders, parliamentarians, economists, academics and campaigners call for Keir Starmer to support measures to tackle the debt crisis in lower-income countries UK at the UN 🇬🇧🇺🇳 Foreign, Commonwealth & Development Office theguardian.com/world/2025/jun…

#News Lens: Global North countries have failed to deliver the reforms & actions required to make #SDRs more fit for purpose for the Global South, argue Jon Sward & Niranjali of ActionAid USA #FfD4 must mark the start of a new chapter #SDRsPlaybook actionaidusa.org/insight/ffd4-m…

"#SDRs reform – if done right – can enhance macro-economic stability and support developing countries’ development and climate action, to the ultimate benefit of all." A must-read piece from our own Niranjali & Bretton Woods Proj | bsky @brettonwoodsproject.org's Jon Sward Dive in 👉actionaidusa.org/insight/ffd4-m…

#FfD4 must mark the start of transformative Special Drawing Rights reform actionaidusa.org/insight/ffd4-m… via ActionAid USA