Who will finance the South’s next transition?
THE global financial system is in a real bind, because interest rates may be peaking, global debts are at record highs, and geopolitical and climate disaster risks are at looming.
The United Nations have been complaining that the funding gap for meeting their 2030 Sustainable Development Goals (SDG) is around US$4 trillion per year, or roughly around 4% of world gross domestic product (GDP).……
Finance Entertainment Malaysia
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