Africa: How the World Bank and IMF Can Truly Drive a Clean Energy Transition
[ad_1] The financial institutions' current approaches to funding renewable energy projects are far too limited, rigid, and opaque. As ministers around the world gear up for annual meetings of the International Monetary Fund (IMF) and World Bank Group (WBG), on 21-26 October in Washington DC, climate will be high on the agenda again. Many discussions will centre on climate finance, while the World Bank is set to replace its Climate Change Action Plan (CCAP) and implement a new Corporate Scorecard. […]