Global Leaders Push for Climate Finance Reform and Green Transition.
Barbados Prime Minister Mia Mottley is leading a global coalition to demand that the international financial system be fundamentally reformed to provide hundreds of billions of dollars to poorer countries to tackle climate change. She wants to generate more finance for the countries that need it most through a wholesale modernisation of the international monetary system. The current institutions, including the World Bank and the International Monetary Fund, were set up by the victorious nations towards the end of the Second World War.
