Financing the fight against climate change
Financing the fight against climate change / Anne Paugam, Chief Executive Officer of France’s development financing institution Agence Française de Développement, Project Syndicate, 6/02/2015
Climate change is already wreaking havoc throughout the developing world. Vietnam, for example, has reported that natural disasters, some of them exacerbated by climate change, have caused annual losses equivalent to 2% of its GDP. In agriculture-dependent countries like Ethiopia, longer droughts and more frequent flooding are threatening livelihoods and food supplies…