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Global South goes green: Financing private sector resilience to climate change - People & Profit - FRANCE 24 English

FRANCE 24 English · last updated

Global South goes green: Financing private sector resilience to climate change - People & Profit

Global South goes green: Financing private sector resilience to climate change

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As developing economies need more financial support to deal with climate change, we look at the crucial role the private sector can play in the green transition. The head of the International Finance Corporation, Makhtar Diop, joins us from Marrakech to share his insights on the role the private sector has to play in development and climate change resilience.

Also in the programme:

- As war breaks out between Hamas and Israel, we take stock of the damage the blockade on the Gaza Strip has done to the local economy. FRANCE 24's Yuka Royer has the details.
- Saddled with debt and soaring costs, a large number of Japanese business owners are having to declare bankruptcy in an increasingly unforgiving economic climate. Our Tokyo correspondents report.

Related Knowledge Center: Climate legislation

State of Play

The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.

More informationabout Climate legislation