From this perspective a dollar invested in emerging markets and LDCs can have a higher mitigation potential, thus it makes sense to create the conditions for such investments to be made. It is unfortunate that must needed investments would not be done for cost of funding reasons. 3.
Also, emerging countries and LDCs have less space to spend in climate friendly projects than they had before the Covid 19 pandemic. I think it is very clear that the policy space has been eroded by Covid 19. 4.