Global climate action, adaptation and the repair of climate damage requires a lot of money. A reform of the global financial structure is intended to mobilize the financial resources. The upcoming annual meeting of the World Bank and IMF will discuss this, but different interests are involved.
By Bernhard Pötter
Following the unexpected announcement of the resignation of World Bank chief David Malpass, the struggle over the future orientation of the Bank is beginning. Calls for more climate action and sustainability in the World Bank Group are growing louder. But such a change of course is also controversial.
By Bernhard Pötter
In 2020, BlackRock head Larry Fink wrote in his annual letter to CEOs that the firm would "put sustainability at the heart of its investment decisions." The results after three years, however, are mixed.
By Nico Beckert
The UN Conference on Biodiversity COP15 in Montreal ended on Monday with a surprisingly positive outcome. Here are seven aspects that will be important for the climate process.
By Bernhard Pötter
Negotiation week number two begins in Sharm el-Sheikh – and with it, the decisive round: The ministers arrive and the negotiations come to a head, becoming more confrontational. Money is at the center of the discussions.
By Lukas Knigge
