As regional donors are urged to give more, many say it is not just about plugging immediate gaps from the sudden pullout, but buying time for aid-reliant projects to diversify funding models, which have been "overdue for an overhaul".
Experts say the bonds will attract international investment in China’s green transition, bringing private funding and boosting international climate cooperation.
Studio EB
There may be hope for methane abatement with recently proposed guidelines and funding pledges. But with the United States back-pedalling on climate policies, will they be enough?
The International Seabed Authority has raised concerns over The Metals Company’s bid to bypass multilateral oversight by seeking US permits for deep-sea mining in international waters.