climate finance

Global Climate Action and Social Justice: Addressing Inequalities through Sustainable Solutions

Carbon markets could boost climate action in least-developed countries UN Photo/Eskinder Debebe | Mangrove shoots being planted on Tarawa, an atoll in the Pacific island nation of Kiribati to protect against coastal erosion A recent UNCTAD report highlights the limited role of carbon markets in promoting sustainable development in the world’s least developed countries (LDCs),

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Explainer: Why is there a trillion dollar funding gap in sustainability?

Even as nations set sustainability targets and consumers take a stand with their wallets, Asia faces a trillion dollar funding gap in its pursuit of sustainable development. The region needs to invest US$1.5 trillion every year or about 4% of its GDP from now until 2030 to meet its SDG targets, according to UN ESCAP.

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