The 2022 United Nations Climate Change Conference (COP27) held in Egypt in November was important for spotlighting climate finance in emerging markets. Particularly the Loss and Damage fund, which aims to provide compensation for emerging economies’ losses impacted by climate change, received global attention. A less talked about but highly…
The year 2022 saw much action in development finance. As we predicted in our last year’s outlook, development finance has become more strategic with financiers picking allies and partners to the disadvantage of global coordination.While all development finance initiatives promise to uphold multilateralism and while they all borrow language from UN…