FM Sitharaman discusses strengthening multilateral development banks with G20 expert group member

FM Sitharaman discusses strengthening multilateral development banks with G20 expert group member

[ad_1] Union Finance and Corporate Affairs Minister Nirmala Sitharaman held a discussion in New Delhi with Prof. Nick Stern, a member of the G20 Independent Expert Group on strengthening Multilateral Development Banks (MDBs). The meeting focused on global development issues, particularly the role of MDBs and the importance of climate finance and technology transfer to […]


G20 environment ministers back funding for forest conservation

G20 environment ministers back funding for forest conservation

[ad_1] SAO PAULO: Environment ministers of the Group of 20 nations agreed Thursday to support the creation of funding sources for ecosystem services, acknowledging Brazil‘s proposal to establish a trust fund for forest conservation.The Brazilian initiative, known as the Tropical Forests Forever Facility, would reward tropical forest countries for protecting critical biomes.Unlike the Amazon Fund, […]