The new Asian Infrastructure Investment Bank (AIIB) will be a major new funder of infrastructure in developing Asia. This report sets out a vision for an AIIB partnership with the region’s most climate-vulnerable countries that could forge a new path of economic development.
People around the world are trapped in a ‘toxic triangle’ made up of short-term financial investors, timid governments and fossil fuel companies, which threatens to push up global temperatures, putting 400 million people at risk of hunger and drought by 2060.
In reaction to the orientations discussed today by Energy Ministers on changes to the European biofuels policy, Marc Olivier Herman, Oxfam’s EU Policy Advisor said:
