This Working Paper provides a concrete illustration of how the existing international financial architecture could be activated more fully to mobilize the large sums required to respond decisively to the “great divergence” in COVID-19 crisis recovery between advanced and developing countries...

Multilateral cooperation initiatives (or “climate clubs”) can generate some of the additional action that is needed to achieve the goals agreed in the Paris Agreement. An analysis of the state of collaboration in the four policy areas energy transition, synthetic fuels, food systems and...