
Poverty reduction and climate finance: pieces of the same development puzzle
By Susanna Gable, Deputy Director, Development Policy and Finance, Gates Foundation
Economic growth, poverty reduction, and climate action are deeply interlinked: none can move ahead without the other. So why isn’t more happening?
Our recent report A transition approach to poverty reduction and climate finance – The missing link to implementation from the Global Council on SDG1 points to the lack of ‘transition thinking’ both in policy and financing. It argues that to achieve poverty reduction goals alongside necessary climate actions, we need a just green transition supported by policy and financing that takes the specific development context and level of economic transition of each country into account.
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