The green transition won’t happen without financing for developing countries

Last week, I discussed the dire financial situation of the poorest countries. This week’s “summit for a new global financing pact” in Paris offers an opportunity to deal with this challenge. It also offers a chance of making the investments needed for a transition to a low-emissions economy.

This is the central point of a new paper by Avinash Persaud, who advised Prime Minister Mia Mottley of Barbados on the influential Bridgetown…