Ahead of COP29, a study by International Institute for Environment and Development shows that Asia's least developed countries have debt growing at a faster rate than climate support.
When geopolitics interferes, humanity cannot choose the best leaders to tackle climate change, warned the Singaporean ex-diplomat at the Unlocking capital for sustainability forum.
So-called 'debt-for-nature swaps' have regained prominence in recent years as part of efforts to raise finance for conservation efforts across biodiverse developing countries.
The World Bank and International Monetary Fund (IMF) held their spring meetings last week in Washington DC – a key event in a critical year for international climate finance.