Lack of public finance and debt relief at COP26 undermines countries’ climate goals
Youth activists attend a climate protest ahead of COP26 in Milan, Italy on 1 October. Credit: Article summary Rich countries fail to meet $100 billion per year climate finance goal – including finance disbursed via MDBs Climate-for-debt swaps mechanism proposed by IMF fails to materialise, as debt crisis hampers developing countries’ ability to finance climate…

