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Articles on Development finance

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The world’s poorest countries will be hit hardest by climate hazards and climate change driven extreme weather events. Getty Images/ Luis Dafos

Five ways in which finance for climate adaptation in Africa falls short

Without financial support that helps communities adapt to climate impacts, climate change is projected to push tens of millions more Africans into extreme poverty by 2030.
Chinese engineers pose after welding the first seamless rails for the China-Laos railway in Vientiane, Laos, June 18, 2020. Kaikeo Saiyasane/Xinhua via Getty Images

China is financing infrastructure projects around the world – many could harm nature and Indigenous communities

Through its Belt and Road Initiative, China has become the world’s largest country-to-country lender. A new study shows that more than half of its loans threaten sensitive lands or Indigenous people.
Major development banks are funding logging, mining and infrastructure projects that are having enormous impacts on nature. Here, forests are being razed along a newly constructed road in central Amazonia. William Laurance

Development banks threaten to unleash an infrastructure tsunami on the environment

Big new investors such as the Asian Infrastructure Development Bank are key players in a worldwide infrastructure, and that could be bad news for the environment.
Credit rating agencies often elicit criticism when they downgrade countries. EPA/Justine Lane

Q&A: why credit rating agencies matter for developing countries

Credit rating agencies have come in for a lot of flack. But the bottom line is that to attract investors with deep pockets countries can’t avoid having a credit rating. And a good one at that.

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