The gap between the resources needed to achieve net-zero greenhouse-gas emissions by 2050 and the resources that are available currently amounts to trillions of dollars and is still growing.
As many developing and emerging economies lose ground in the wake of the pandemic, public and private capital must be mobilised to accelerate mitigation and adaptation efforts. But this requires governments to produce credible plans for achieving global sustainability goals, to design and implement these policies themselves, and to ensure that their strategies' costs and benefits are fairly distributed.
