Ayenat Mersie is a Global Development Reporter for Devex. Previously, she worked as a freelance journalist for publications such as National Geographic and Foreign Policy and as an East Africa correspondent for Reuters.
The Green Climate Fund promises to slash its accreditation process, which can take up to three years, down to just nine months, while setting a record for single-round climate finance approvals.
Despite ambitious climate plans, city networks warn that outdated fiscal systems and limited borrowing power are holding back urgently needed investment.
U.N. air service funding cuts threaten humanitarian access, and global financing talks in Sevilla weigh debt relief, climate commitments, and development funding goals.
A vital lifeline for U.N. agencies and hundreds of aid organizations in 21 countries, the humanitarian air service faces a funding crisis that could ground planes, cut routes, and isolate communities in need.
The clash is exposing gaps in how the global system defines and deals with smaller, emerging multilateral lenders during sovereign debt restructurings.
