•  Multilateral Development Banks can also play a pivotal role in further expanding the use of debt-for-nature swaps. These can improve biodiversity and the provision of ecosystem services, while increasing carbon dioxide natural removals, which are strongly needed to achieve net-zero targets. These are some of the key issues on the agenda of the Venice Conference on Climate to be held this July.
•  Since the Paris Agreement was signed five years ago, the climate emergency has considerably worsened. The close international cooperation that has been taking place over the last few months is the hoped-for premise that this year will be a turning point in the fight against climate change.