Patrick Verkooijen: Is climate change inevitable?
The Interview
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The British Town Initiative Is the New Bretton Woods Moment We Had 80 Years Ago
Patrick McOrien says the World Bank must step in to help climate-vulnerable nations. He is calling for a 'British Town Initiative' that would allow countries to suspend debt payments if they are hit by natural disasters. The British Town Initiative was first mooted 80 years ago, when Bretton Woods institutions were established. Patrick McOrien: "I see an abundance of challenges and a scarcity of time"
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