Climate action as a solution to Africa's problems.
Update: 2023-09-07
Description
🎙Climate action can help Africa to combat some of its great challenges and one of the solutions is to use green bonds to attract investors from other countries.Â
🎙Saudi Arabia and Russia extend oil cuts of about 1M bpd and 300K bpd until December 2023, driving global prices higher than $90.5 per barrel.Â
🎙UN Chief Guterres calls for urgent reforms at World Bank & IMF, labelling their policies unfair to Africa's debt crisis. Proposes $500B annual stimulus & equitable green transition support
🎙Top Banks fund climate crisis over Global South solutions. $3.2 trillion to fossil fuels, $370B to agriculture despite climate pledges
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