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    • Climate finance

    How a 'bottom-up' approach can help meet climate finance targets

    IMF Executive Director Dr. Mahmoud Mohieldin calls for a more localized approach to close the gap between global goals and local realities.

    By Catherine Cheney, Thomas Cserep // 27 June 2024

    The international community can only make progress on climate finance targets by engaging the communities most affected by climate change.

    That’s according to Dr. Mahmoud Mohieldin, an executive director at the International Monetary Fund who is also the United Nations special envoy on financing the 2030 Agenda for Sustainable Development.

    Speaking at Devex’s Climate + Finance event in London on Tuesday, he said local voices need to shape how climate funds are used, explaining that this approach is not just more inclusive, but also more effective.

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    About the authors

    • Catherine Cheney

      Catherine Cheneycatherinecheney

      Catherine Cheney is the Senior Editor for Special Coverage at Devex. She leads the editorial vision of Devex’s news events and editorial coverage of key moments on the global development calendar. Catherine joined Devex as a reporter, focusing on technology and innovation in making progress on the Sustainable Development Goals. Prior to joining Devex, Catherine earned her bachelor’s and master’s degrees from Yale University, and worked as a web producer for POLITICO, a reporter for World Politics Review, and special projects editor at NationSwell. She has reported domestically and internationally for outlets including The Atlantic and the Washington Post. Catherine also works for the Solutions Journalism Network, a non profit organization that supports journalists and news organizations to report on responses to problems.
    • Thomas Cserep

      Thomas Cserep

      Thomas Cserép is an Associate Editor who manages and oversees Devex's social media presence, coordinates Devex’s audience outreach, and produces the This Week in Global Development podcast. Prior to Devex, he worked as a freelance journalist, with his writings appearing in a variety of publications, including Get Spanish Football News and the magazine of the Hungarian Geographic Society.

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