Governments need to make certain that multilateral development banks step up to finance the transition to renewable energy, the secretary-general of the UN says.
This week’s annual meetings of the World Bank could have important implications for the climate crisis and could help shift the trajectory of global warming. Multilateral development banks can make or break the transition to renewable energy, and governments are their shareholders. It’s time for those governments to step up and make sure the banks are prepared to advance the process.