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Kenya's Ruto demands overhaul of global finance for green capital
Original: President William Ruto demands global financial architecture overhaul to unlock green capital pipelines
Kenyan President William Ruto is calling for a sweeping reform of the global financial architecture, arguing that current systems block developing countries from accessing affordable climate finance. He says unlocking green capital pipelines is essential for African nations to fund renewable energy and climate adaptation, and has urged international lenders and wealthy states to restructure lending rules and expand climate funding flows.
Why now: Calls to reform international climate finance for developing nations are a pressing topic ahead of global climate and finance discussions.
William RutoKenyaWorld BankInternational Monetary Fund
Evidence
- President William Ruto demands global financial architecture overhaul to unlock green capital pipelines · Energy News Network
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