There is a Fix For Climate Change. But Can We Afford It?
Counterpoint
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Developing Countries
Many of these countries have now graduated into the league solid middle income countries. These are much more competent players than they would have been. But yes, they need credit. In good times, they can get credit. The real question is, can it be provided on a stable basis and on terms which are viable over the long run? And for some of these projects, it is quite clear that the rate of return is going to be below market so there has got to be some element of subsale dow o.
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