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Vera Songwe

Vera Songwe

Writing for PS since 2020
15 commentaries

Vera Songwe, Founder and Chair of the Liquidity and Sustainability Facility, is Senior Adviser at the Bank for International Settlements’ Financial Stability Institute, and Co-Chair of the Group of Experts to the G20 Taskforce for a Global Mobilization Against Climate Change.

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  1. What the G20 Can Do for Green Growth
    terzi6_green transition degrowth Getty Images

    What the G20 Can Do for Green Growth

    Oct 23, 2024 Mariana Mazzucato & Vera Songwe explain how the world’s premier economic grouping can keep global climate targets on track.

  2. Curbing Debt-Fueled Unrest in Emerging Markets
    songwe14_ TONY KARUMBAAFP via Getty Images_kenya debt protest TONY KARUMBA/AFP via Getty Images

    Curbing Debt-Fueled Unrest in Emerging Markets

    Aug 14, 2024 Vera Songwe & Ishac Diwan propose a strategy for stabilizing economies that have become illiquid but are not insolvent.

  3. A New Dawn for US-African Cooperation?
    songwe13_Anna MoneymakerGetty Images_rutobiden Anna Moneymaker/Getty Images

    A New Dawn for US-African Cooperation?

    May 28, 2024 Vera Songwe identifies three ways that the United States can ultimately help itself by helping the continent.

  4. Developing Countries’ Liquidity Crisis Is Not Over
    diwan27_ LUIS TATOAFP via Getty Images_kenya green energy LUIS TATO/AFP via Getty Images

    Developing Countries’ Liquidity Crisis Is Not Over

    Apr 16, 2024 Ishac Diwan & Vera Songwe urge global policymakers to prevent mass insolvency and finance urgent climate projects.

  5. Developing Countries Need Debt Relief to Act on Climate Change
    songwe12_FADEL SENNAAFP via Getty Images_climate debt FADEL SENNA/AFP via Getty Images

    Developing Countries Need Debt Relief to Act on Climate Change

    Jan 24, 2024 Ishac Diwan & Vera Songwe propose a mechanism for freeing up the fiscal space low-income economies need to invest in green growth.

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  1. scherger1ARMEND NIMANIAFP via Getty Images_farming ARMEND NIMANI/AFP via Getty Images
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    Carbon Farming Won't Save the Planet

    Sophie Scherger warns that soil-storage offsets may serve as a smokescreen for polluting industries.
  2. bildt129_MaximShipenkovGettyImages_valdai_putin_fail Maxim Shipenkov/Getty Images
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    Putin’s March of Folly

    Carl Bildt argues that Russia’s president has only his own poor decisions to blame for his country’s loss of status.
  3. hausmann117_TONY KARUMBAAFP via Getty Images_africawindfarm Tony Karumba/AFP via Getty Images
    1

    A Better Approach to Climate Finance

    Ricardo Hausmann

    By harnessing the capabilities of developing countries, we can accelerate global decarbonization while creating new growth opportunities. This approach would not only advance crucial climate goals but also ensure that a larger share of the world’s population can enjoy the fruits of the clean-energy transition.

     shows how developing countries can accelerate global decarbonization while creating new growth opportunities.
  4. ghosh83_CHRISTIAN MONTERROSAAFP via Getty Images_trump cop CHRISTIAN MONTERROSA/AFP via Getty Images
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    Trump’s Bad COP

    Jayati Ghosh says the Paris climate agreement’s future depends on how other countries respond to the new US administration.
  5. goldberg32_Spencer PlattGetty Images_USshipping Spencer Platt/Getty Images
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    Are Tariffs Worth It?

    Pinelopi Koujianou Goldberg thinks the risks and costs for the US will far outweigh any potential political or geopolitical benefits.
  6. schalatek1_Resul RehimovAnadolu via Getty Images_cop29 Resul Rehimov/Anadolu via Getty Images
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    Is the Loss and Damage Fund Becoming an Empty Promise?

    Liane Schalatek warns that rich countries are once again shirking their responsibility to provide adequate climate finance.
  7. mazzucato77_PABLOPORCIUNCULAGettyImages_G20_summit_prostest PABLO PORCIUNCULA/Getty Images
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    How Global Public Investment Should Work

    Mariana Mazzucato & Jonathan Glennie

    Addressing problems like climate change and biodiversity loss calls for new thinking about how to mobilize the huge volume of financing that will be needed. International cooperation must be re-framed as a collective endeavor in which all countries benefit, contribute, and make investment decisions together.

     propose a new model to unlock financing for action on climate change, biodiversity loss, and other issues.
  8. palacio163_Dominika ZarzyckaSOPA ImagesLightRocket via Getty Images_cop29finance Dominika Zarzycka/SOPA Images/LightRocket via Getty Images
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    COP29 Must Deliver the Goods

    Ana Palacio hopes that geopolitical uncertainty will not thwart ambitious, credible climate-finance commitments.
  9. ngilman1_Ivan LiemanAFP via Getty Images_rwandagorilla Ivan Lieman/AFP via Getty Images
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    Interspecies Money Is Here

    Nils Gilman & Mutesi Rusagara look beyond the first ever payments to animals and see a new model for human-wildlife economic collaboration.

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