In 2024, global military expenditures reached $2.7 trillion, according to the Stockholm International Peace Research Institute (SIPRI). This represents a 9.4% increase in real terms over 2023, the highest year-on-year rise since the end of the Cold War. All world regions have shown substantial increases over the past decade, except for Africa and South America.These […]
Tag: climate
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The 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP30) is fast approaching. In Belém, where the Amazon River meets the Brazilian coast, diplomats must agree on a package of outcomes that keep the goals of the Paris Agreement within reach.The Paris Agreement, signed in 2015, centers on nationally […]
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At COP29, the biggest sticking point in negotiations over a New Collective Quantified Goal (NCQG) is “who pays?” Whatever the outcome, multilateral development banks (MDBs) will play a critical role.
