8/23/2023 0 Comments 3d house plans drawing app![]() The summit did not go far enough to deliver for the people who bear the brunt of climate impacts.” Walter Mawere, an advocacy coordinator for Care International in Somalia, said: “It’s a disappointment. At least 52 countries are currently in debt distress, unable or close to unable to service their debts, driven higher by rising interest rates and a strong dollar. ![]() “My view is the World Bank’s vision has to evolve to say, yes, we will create a world free of poverty, but on a livable planet, meaning we tackle climate, pandemics, fragility, food insecurity, things that reduce our ability to have quality of life, and to have hope and optimism,” he said.īut poverty and climate campaigners said few concrete measures had been agreed at the summit that would make a difference now. The incoming president of the World Bank, Ajay Banga, set out a new vision for the institution, which would combine its traditional focus on lifting people out of poverty with an emphasis on the climate crisis, which threatens to destroy progress on development. Janet Yellen, the US treasury secretary, signalled the Biden administration would consider the shipping tax, though she stopped well short of endorsing it.
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