Five looming decisions in the development finance world could help to mitigate environmental and social risks of transition minerals, write Boston University researchers.
Even though the global economy depends on a stable climate and reliable ecosystem services, businesses and financial institutions are not required or incentivised to invest in nature. Central banks and supervisors could change that trajectory simply by fulfilling their financial-stability mandate.
The rise of 'greenhushing' – when companies downplay environmental risks for financial or political reasons – reflects not just changing communications strategies, but rising tensions between competing priorities.
Weakening the World Bank and other multilateral development banks that have a large United States presence could present an opportunity for a little-known, relatively new Chinese-led international organisation like the Asian Infrastructure Investment Bank.