February 13, 2024

75th Executive Session of the UNCTAD Trade and Development Board Item 2: Trade and Development Report 2023: Growth, Debt and Climate, realigning the Global Financial Architecture

The pursuit of climate adaptation should be an opportunity to reconcile environmental and development priorities and to reflect this in the level of financing available to developing countries, addressing both their development needs and their decarbonization targets. In this sense, the Holy See supports efforts to enable developing countries to use policy space for structural transformation and climate adaptation.

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