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Time to address Asia’s climate finance gap

When it comes to climate change, UN Secretary-General Antonio Guterres does not mince his words. “If money makes the world go round,” he remarked on World Environment Day, “today’s unequal financial flows are sending us spinning towards disaster. The global financial system must be part of the climate solution.”

When it comes to climate change, UN Secretary-General Antonio Guterres does not mince his words. “If money makes the world go round,” he remarked on World Environment Day, “today’s unequal financial flows are sending us spinning towards disaster. The global financial system must be part of the climate solution.” Asia is facing climate change vulnerability at the same time that many of its economies are industrialising.