The World Bank has been working closely with the government and escom for many years. Filling the gap between what's planned and the reality on the ground will take a collective effort that all these different players from escom to the government are trying to make central. The hope is that the investments being made today will pay off not just for the climate, but for the community as well.
According to the United Nations Development Program, 54 countries, accounting for half the world’s population, face such critical debt burdens that they simply cannot finance climate adaptation and mitigation on their own. Most of these same countries are in the most climate-vulnerable regions in the world, setting them up for compounding disasters.
At the same time, every nation on earth is being asked to reduce their dependence on fossil fuels — which enabled the richest countries to develop their economies. So how can those in the developing world make the transition to a clean energy economy while centering economic justice?
This episode is a collaboration with Foreign Policy’s Heat of The Moment podcast.
Guests:
Ani Dasgupta, President and CEO, World Resources Institute
This episode features stories from Amy Booth and Elna Schütz for Heat of The Moment podcast
For show notes and related links, visit our website.
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