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1. MIRAGE Model Documentation Version 2.0

Author:
Antoine Bouët, Lionel Fontagné, Christophe Gouel, Houssein Guimbard, Cristina Mitaritonna, Balthazar de Vaulchier, and Yu Zheng
Publication Date:
01-2026
Content Type:
Working Paper
Institution:
Centre d'Etudes Prospectives et d'Informations Internationales (CEPII)
Abstract:
MIRAGE is a multi-region, multi-sector computable general equilibrium (CGE) model, initially devoted to trade policy analysis and more recently applied to long-term growth and environmental issues. It incorporates energy, carbon pricing, imperfect competition, and rigid investment allocation, in a sequential dynamic setup where installed capital is assumed to be immobile. The model provides trade analysis with detailed treatment of trade costs and Armington specifications, drawing upon a detailed measure of trade barriers through the MAcMap-HS6 database. Production features nested CES functions with capital-energy bundles under both perfect and imperfect competition frameworks, while final demand follows a LES-CES utility function. The sequential dynamic framework enables longterm simulations by combining total factor productivity calibration with macroeconomic projections from the MaGE model. The most recent version offers significant improvements in electricity sector modeling with renewable energy representation, base-load and peak-load dinstinctions, and detailed greenhouse gas (GHG) emissions accounting with carbon market mechanisms. This documentation provides complete technical specifications, calibration procedures, and implementation guidelines for researchers and policymakers using MIRAGE for economic policy analysis.
Topic:
Environment, Trade Policy, Carbon Emissions, MIRAGE, and Computable General Equilibrium (CGE)
Political Geography:
Global Focus

2. Energy Data Spaces and Market Power: a new challenge for data sovereignty and its governance

Author:
Emanuele Giovannetti
Publication Date:
01-2026
Content Type:
Policy Brief
Institution:
LSE IDEAS
Abstract:
This paper examines how the digitalisation of energy markets, driven by smart meter data and Energy Data Spaces, is reshaping competition in retail electricity services. It analyses the implications for market power, consumer outcomes, and data sovereignty, highlighting the regulatory challenges posed by data-driven business models that operate across national boundaries.
Topic:
Markets, Governance, Regulation, Digitalization, and Energy
Political Geography:
Global Focus

3. Variables of War

Author:
Lutz Unterseher
Publication Date:
01-2026
Content Type:
Working Paper
Institution:
Project on Defense Alternatives
Abstract:
This essay argues that wars do not result from immutable human nature but from political motives, cultural dispositions, and calculations of military opportunity. Wars are, therefore, preventable. The essay presents a succinct causal model of war’s outbreak. ​ The formal causal argument: War’s outbreak is treated as the dependent variable; the independent variable is a mix of expansionist or preventive motives and a supportive war culture that glorifies offensive action and soldierly virtues (the “cult of the offensive”).​ Because such motives and cultures often do not lead to war, a further “sufficient condition” is posited: leaders must judge that a rapid victory is feasible, casualties acceptable, and domestic opposition manageable, typically by identifying structural vulnerabilities or “open flanks” in the opponent’s posture.​ This feasibility variable is an intermediate link between motives/culture and war and is filtered through perceptions often distorted by ideology, institutional dysfunction, or poor intelligence.
Topic:
Defense Policy, War, Deterrence, Armed Conflict, and Gender
Political Geography:
Global Focus

4. How IPLCs Can Leverage BRICS for Inclusive Environmental Governance

Author:
Metolo Foyet
Publication Date:
02-2026
Content Type:
Working Paper
Institution:
The Nkafu Policy Institute
Abstract:
As global power shifts toward multipolarity, Indigenous Peoples and Local Communities (IPLCs)face a pivotal chance to influence the emerging governance architecture of the BRICS+ alliance.Western-led frameworks (UNFCCC, CBD) recognize Indigenous rights but still struggle withimplementation. BRICS, representing over half the world’s population and major biodiversity,offers an alternative platform to advance plural knowledge systems and South–South solidarity. This brief proposes embedding Indigenous leadership within BRICS institutions, aligning newnorms with UNDRIP and ILO 169, and creating financial and knowledge instruments that sustaincommunity-led conservation. The goal is shared sovereignty in environmental decision-making,not token participation. The central question is whether BRICS can evolve from a geopolitical and financial bloc into a rights-based governance platform where IPLCs become co-architects ofglobal environmental policy, and whether multipolar governance can close implementation gapsby embedding Indigenous authority at the design stage.
Topic:
Environment, Governance, Indigenous, BRICS, and Multipolarity
Political Geography:
Global Focus

5. The means of prediction and the production function of AI

Author:
Maximilian Kasy
Publication Date:
02-2026
Content Type:
Policy Brief
Institution:
Economics for Inclusive Prosperity (EfIP)
Abstract:
The real AI governance challenge: Who gets to decide what AI systems optimize for? Current debates miss that AI conflicts are between different groups of people, not humans vs. machines. Power flows from control of AI inputs: Those who control the means of prediction (data, computing power, expertise, and energy) determine AI objectives. Current governance approaches fail: Individual privacy rights and market mechanisms can’t address AI’s collective harms and benefits. Democratic control is the solution: Give stakeholders affected by AI decisions a voice in setting AI objectives.
Topic:
Science and Technology, Governance, Regulation, Privacy, Artificial Intelligence, and Prediction
Political Geography:
Global Focus

6. Structural dependencies and choke points in GVCs: An industry-level analysis

Author:
Robert Stehrer
Publication Date:
02-2026
Content Type:
Special Report
Institution:
The Vienna Institute for International Economic Studies (WIIW)
Abstract:
Global value chains (GVCs) are intricate international networks in which the production and distribution of goods and services across multiple economies and industries is coordinated. Their complexity introduces strategic dependencies when economies or industries rely heavily on a limited number of foreign suppliers. Such dependencies can also create additional vulnerabilities, particularly at choke points (i.e. key links or nodes in the chain) whose disruption – whether due to political instability and geopolitical tensions, natural disasters, pandemics or policy shocks and trade restrictions – can halt production. This study builds on previous research by examining two factors: (i) size dependencies arising when an importing economy-industry pair relies largely on the inputs of a partner economies, and (ii) choke dependencies, where imports from one economy pass through another, creating potential choke points. Choke dependency is particularly concerning, as disruptions in the choke economy can impact not only its direct exports but also the flow of goods from other suppliers. Using the multi-country input-output tables (MC IOTs), this study introduces two indicators to assess dependencies: (i) ‘size dependency’, based on the share of an economy-industry’s foreign output sourced from a specific partner, and (2) ‘choke dependency’, based on the pass-through frequency (ptf) indicator, which reveals how often inputs from third economies are routed through a particular partner. An economy-industry pair is considered dependent if it meets thresholds for size dependency, choke dependency or both. This comprehensive approach aims to offer a deeper understanding of systemic vulnerabilities in global trade networks.
Topic:
International Trade and Finance, Global Value Chains, Vulnerability, Dependency, and Choke Points
Political Geography:
Global Focus

7. Commentary: Democracy, Democratization, Institutions, and Inequality: Nobel-Winning Insights from Daron Acemoglu and His Collaborators

Author:
Ali Resul Usul
Publication Date:
01-2026
Content Type:
Journal Article
Journal:
All Azimuth: A Journal of Foreign Policy and Peace
Institution:
Center for Foreign Policy and Peace Research
Abstract:
This paper explores the seminal contributions of Daron Acemoglu and his collaborators to the understanding of democracy, democratization, institutions, and inequality, as recognized by the 2024 Nobel Memorial Prize in Economic Sciences. It delves into the stability and erosion of democratic institutions, emphasizing the interplay between historical legacies, class structures, and strategic political interactions. The analysis synthesizes insights from rational choice theory, historical institutionalism, and comparative political economy, highlighting the critical role of both formal and informal institutions in shaping political outcomes. Key concepts such as critical junctures, path dependence, and the dynamic balance between state capacity and societal power— termed the “Red Queen effect”—are examined to explain the persistence and transformation of political regimes. The paper also addresses the implications of economic inequality for democratic stability and the continuous process of adaptation required to maintain inclusive institutions. By integrating theoretical perspectives and empirical evidence, this work provides a comprehensive framework for understanding the complex dynamics of democratization and offers policy recommendations for strengthening democratic resilience in the face of contemporary challenges.
Topic:
Democratization, Democracy, Inequality, Institutions, and Path Dependence
Political Geography:
Global Focus

8. Contemporary Terrorism: A Theoretical Perspective

Author:
Yoslán Silverio González
Publication Date:
09-2025
Content Type:
Journal Article
Journal:
Brazilian Journal of African Studies
Institution:
Brazilian Journal of African Studies
Abstract:
Studying the impact of terrorism on international relations is of vital importance due to the implications not only local and regional but also within the international system. The phenomenon of terrorism is not exclusive to a region or a country, it can affect everyone in indirect ways. In this sense, it crosses borders and does not understand nationalities. The most dangerous thing is the treatment given to it in international forums, multilateral orga-nizations, and the media since it is presented as a threat to security, but to legitimize military actions by Western powers or to delegitimize governments “not prone to the West”.This article is based on a conceptual proposal that helps to understand the phenomenon of terrorism from a non-Western perspective, criticizing the positions of the United States in this regard. The main objective is to deepen the debate around the concept of terrorism, its erroneous link to Islam, and to nationalist and/or revolutionary movements. It is also pertinent to see how it has been legally defined by international law, through resolutions, conventions, and protocols of different multilateral organizations, including the African Union (AU).
Topic:
International Relations, Terrorism, Violent Extremism, Global South, and African Union
Political Geography:
Africa and Global Focus

9. Reflections on WTO Reform: Lecture series by Ignacio Garcia Bercero

Author:
Ignacio Garcia Bercero
Publication Date:
01-2025
Content Type:
Commentary and Analysis
Institution:
LSE IDEAS
Abstract:
This special edition of our Expert Analysis presents four lectures (edited for publication) on World Trade Organization reform delivered by the author at LSE IDEAS during June-November 2022 and concluding in May 2023. The paper ends on a postscript reflecting on the perspectives on the different issues discussed in the lectures following the outcome of the 13th Ministerial Conference of the WTO in February-March 2024, as well as the November 2024 re-election of Donald Trump—on the basis of a disruptive trade policy agenda.
Topic:
Reform, Trade Policy, Donald Trump, and WTO
Political Geography:
Global Focus

10. What Does It Mean for Agencies to Be Effective in a Changing Development Landscape?

Author:
Rachael Calleja, Sara Casadevall Bellés, and Beata Cichocka
Publication Date:
01-2025
Content Type:
Policy Brief
Institution:
Center for Global Development (CGD)
Abstract:
For official bilateral development agencies, the realities of providing effective development cooperation are increasingly complex, as competing demands and changing international and domestic contexts are raising fundamental questions around what it means to be an effective agency. This paper explores the concept of agency effectiveness to demonstrate why agencies – and their leadership – should consider how their structures and processes interact with the changing landscape as part of their efforts to remain relevant and resilient. To do so, we consider how the current challenges facing agencies – including the need to respond to climate change, global instability, and changing domestic political environments – affect why agencies act, what they do, and how they do it. We then explore dominant understandings of agency effectiveness, which provide a lens for thinking about what it may mean for agencies to be effective in the years ahead. Overall, we suggest that the challenges facing development agencies in the changing landscape raise key issues for agencies to consider, particularly around what they prioritise, how they are structured, and the capabilities or ways of working needed to respond to complex demands. While there is unlikely to be a single approach for agencies looking to adapt to changing contexts, considering the implications of new – and future – pressures for the work of development agencies will be a necessary first step towards supporting their resilience and relevance in the years ahead.
Topic:
Development, Humanitarian Aid, and Economic Development
Political Geography:
Global Focus

11. The Future of Official Development Assistance: Incremental Improvements or Radical Reform?

Author:
Masood Ahmed, Rachael Calleja, and Pierre Jacquet
Publication Date:
01-2025
Content Type:
Special Report
Institution:
Center for Global Development (CGD)
Abstract:
Over the last decade, donor country governments have faced new and additional demands for financing international challenges, including providing global public goods (GPGs) and addressing historically high numbers of refugees and humanitarian crises. They have partly done so by re-allocating their official development assistance (ODA) away from its original aim: to support poverty reduction and growth in developing countries. This has led to questions about the integrity and credibility of ODA. These questions are only likely to grow more pertinent in the coming decade because the pressures on ODA—and on public finances more broadly—are here to stay. ODA budgets are being cut in a number of traditional donor countries and what remains is increasingly being deployed to meet emerging needs beyond traditional development and to reflect a more national security perspective on development cooperation. The time is right, therefore, to ask whether the concept and accounting for ODA need to be modified to ensure that the needy and vulnerable it was designed to serve continue to be protected in the face of fiscal constraints and changing geopolitical circumstances. This report, a compendium on the future of ODA, aims to provide fresh thinking and inspire the action needed for ODA to remain relevant and effective. It brings together reflections and proposals from leading experts and practitioners, including the under-secretary-general and executive director of UNOPS to a former DAC chair, to inform policymakers. In this executive summary, we will introduce the key arguments from the compendium contributors. The contributions are organised into four key areas of discussion that reflect the main themes raised in this compendium: the rationale for ODA reform, the political and institutional realities shaping reform, using ODA for climate and leveraging private finance, and forward-looking proposals for reimagining ODA’s role and purpose.
Topic:
Development, Finance, Humanitarian Crisis, Donors, and Foreign Assistance
Political Geography:
Global Focus

12. Aligning International Banking Regulation with the SDGs

Author:
Liliana Rojas-Suarez
Publication Date:
02-2025
Content Type:
Policy Brief
Institution:
Center for Global Development (CGD)
Abstract:
Basel III—the international standard for banking regulation—has strengthened global financial stability but has also led to unintended consequences that may hinder progress toward key Sustainable Development Goals (SDGs). This paper examines how Basel III’s regulatory framework may restrict bank lending to SMEs (impacting SDG 10) and constrain infrastructure finance (impacting SDG 8). Addressing these challenges requires refining risk assessment methodologies while preserving Basel III’s core objective: accurate risk evaluation. For SMEs, tailoring risk weights using local credit registry data can better reflect economic conditions in emerging markets. For infrastructure, recognizing it as a distinct asset class and leveraging credit risk mitigation tools could improve financing. Greater engagement from multilateral institutions, particularly the World Bank, is essential to advancing these solutions while maintaining financial stability.
Topic:
Regulation, Financial Stability, Banking, and Sustainable Development
Political Geography:
Global Focus

13. Planned Relocation of Climate-Vulnerable Communities: Preparing Multilateral Development Banks

Author:
Steven Goldfinch and Samuel Huckstep
Publication Date:
02-2025
Content Type:
Policy Brief
Institution:
Center for Global Development (CGD)
Abstract:
Planned relocation of highly climate-vulnerable communities is becoming increasingly necessary as climate shocks become more frequent and intense. It is also becoming more feasible as modelling of future scenarios improves and adaptation limits become clearer. Despite this, many governments are underprepared for planning and implementing planned relocation projects. In the absence of an intergovernmentally agreed framework or set of principles on planned relocation, development finance, and specifically climate finance, is not well positioned to respond to this emerging demand from countries. This is heightened by a widespread absence of coherent domestic policies, and by institutional gaps in international assistance. Multilateral development banks, in particular, could be well-placed to fill this gap. They have extensive experience in undertaking relocation projects, including in contexts of climate adaptation. Multilateral development banks will increasingly field borrower country demand for both technical and financial assistance. They are, however, not yet prepared to meet this demand, nor are countries adequately equipped to make applications for support. This paper outlines emerging public policy regarding planned relocation, draws from existing standards on development-forced displacement and resettlement, and explores entry points for development financiers in providing technical assistance and finance. The paper proposes recommendations to multilateral development banks and the global climate funds on engaging in this emerging area.
Topic:
Climate Change, Development, Refugees, Displacement, Resettlement, and Banking
Political Geography:
Global Focus

14. Practical Guidance for Integrating Climate into WPS National Action Plans

Author:
Christina Vetter and Jessica Smith
Publication Date:
03-2025
Content Type:
Special Report
Institution:
Georgetown Institute for Women, Peace and Security (GIWPS)
Abstract:
In this practical guidance note, the Georgetown Institute for Women, Peace and Security explores the capacity for National Action Plans on Women, Peace and Security (WPS NAPs) to be effective tools for national-level implementation of the WPS Agenda that is responsive to climate-related security risks. WPS NAPs have become the primary tool for national-level efforts to implement the WPS Agenda. To remain relevant and effective, NAPs must be responsive to the ever-changing security landscape and emerging threats to peace and security, like climate change. While the share of NAPs that mention climate change has slowly increased, many include just one cursory reference to climate change in the background section that does not comprehensively address the impacts of climate-related security risks across all four pillars of WPS or include specific actions or commitments related to climate in the NAP’s implementation framework. This report presents actionable policy recommendations for WPS NAPs to more meaningfully address climate change and related security risks throughout their design, drafting, and implementation. The report, authored by Christina Vetter and Dr. Jessica Smith, was made possible with support from the Embassy of Denmark in Washington, D.C.
Topic:
Security, Climate Change, Women, and Peace
Political Geography:
Global Focus

15. Advancing Gender, Climate, and Security in the UN Security Council: A Blueprint for Action

Author:
Jess Keller
Publication Date:
03-2025
Content Type:
Working Paper
Institution:
Georgetown Institute for Women, Peace and Security (GIWPS)
Abstract:
In this policy brief, the Georgetown Institute for Women, Peace and Security presents recommendations for advancing gender, climate, and security in the UN Security Council and opportunities for Member States and other relevant stakeholders to drive progress on these interconnected challenges. Despite growing recognition of how climate change multiplies risk and poses a threat to international peace and security, efforts to make climate change a standing item on the Security Council’s agenda have failed. Climate change disproportionately impacts women and threatens their security, yet frameworks like the Women, Peace and Security (WPS) Agenda have been slow to integrate climate considerations into thematic resolutions and National Action Plans (NAPs) on WPS. The international community must rapidly scale-up efforts to bridge these policy gaps and holistically address challenges at the nexus of gender, climate, and security. This policy brief explores best practices and offers specific recommendations for the Security Council, Member States, and international actors to integrate gender-responsive climate considerations into global peace and security efforts. The report, authored by Jess Keller, was made possible with support from the Embassy of Denmark in Washington, D.C.
Topic:
Climate Change, Women, Peace, UN Security Council, and Gender
Political Geography:
Global Focus

16. AI Governance and Geopolitical Challenges: What’s Next after Italy’s G7 Presidency?

Author:
Federica Marconi
Publication Date:
01-2025
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
Profound technological developments have marked recent years, coupled with increasing geopolitical instability and economic fragmentation driven by rising tensions between major powers. Emerging technologies, particularly artificial intelligence (AI), have been at the core of global competition due to their potential for enhancing productivity and fostering innovation. The technological race has started to extend also to the definition of global AI governance frameworks, with the United States, the EU and China pursuing divergent regulatory approaches and striving to influence countries, especially in the Global South, that are looking at the existing models for their national regulatory systems. Against this backdrop, international fora such as the G7 are called upon to play a key role in fostering dialogue on how to reconcile these divergent perspectives and shape global governance for AI.
Topic:
International Political Economy, Governance, G20, G7, and Digital Policy
Political Geography:
Italy and Global Focus

17. Dollar Colonisation: The Destructive Policy Implications of Modern Monetary Theory

Author:
Photis Lysandrou
Publication Date:
01-2025
Content Type:
Working Paper
Institution:
City Political Economy Research Centre (CITYPERC), University of London
Abstract:
Modern monetary theory argues that all governments that issue their own currency have the same policy space. The present paper argues that this position is wrong. For it to be valid, abstraction must be made from the gravitational force of the US dollar that stems from its backing mass of securities and is transmitted through international investment flows. On recognition of this gravitational force, it becomes clear that the huge size disparity separating the US financial market from those of other markets, and most notably those of the EMEs, translates into an equally huge disparity regarding policy space. The policy implications for EME governments are that they should, where possible, join their financial markets into regional blocs of sufficient sizes as can give their regional currencies enough backing mass to allow them to resist the gravitational pull of the dollar. Only by pooling their currency sovereignty can EME governments retain some scope for pursuing policies independently of those pursued by the US government. On the contrary, any such scope is destroyed if EME governments in countries with small financial markets follow the MMT's advice to retain their local currencies because that advice condemns these currencies to entrapment in the dollar's gravitational field and even possibly to outright dollar colonisation.
Topic:
Currency, Dollar, Colonization, and Modern Monetary Theory
Political Geography:
Global Focus

18. IMF, Structural Adjustment, and Poverty: A Cross-National Difference-in-Differences Analysis, 1980-2018

Author:
Shih-Yen Pan, Lawrence P. King, and Elias Nosrati
Publication Date:
01-2025
Content Type:
Working Paper
Institution:
Political Economy Research Institute (PERI), University of Massachusetts Amherst
Abstract:
The International Monetary Fund (IMF) has been one of the world’s most powerful international organizations in setting the parameters for economic reforms in the developing world. In this study, using data from 1980-2018 from 57 countries, we test competing hypotheses surrounding the impact of the IMF’s lending programs on poverty incidence in participant countries. Departing from the prevailing practice of relying on instrumental variables, we employ a novel difference-in-differences approach that ensures clean comparisons between “treatment” and “control” units based on their program participation histories. Besides providing a quantitative estimate of the average program effect, we evaluate whether the IMF’s alleged anti-poverty focus in recent decades has made any difference. We find that IMF program participation leads to large increases (3.6-5.7 percentage points) in the proportion of a country’s population living under the $3.65/day and $6.85/day international poverty lines (2017 PPP) and the countryspecific Societal Poverty Line. We also find that the poverty reduction measures incorporated by the IMF into its programs have not been effective in mitigating the poverty-increasing program effects. Overall, our findings show that IMF programs have been detrimental to the welfare of vulnerable populations in participant countries.
Topic:
Development, Economics, International Organization, and IMF
Political Geography:
Global Focus

19. Investing in a Green Future: Finance, Industrial Policy and the Green transition

Author:
Ramaa Vasudevan
Publication Date:
01-2025
Content Type:
Working Paper
Institution:
Political Economy Research Institute (PERI), University of Massachusetts Amherst
Abstract:
We present a framework to assess green climate finance and the pathways to building a climate aligned financial system. This would involve the strategic reorientation of central bank interventions, national development banks and multilateral and regional banks and coherent purposive collaborations between these institutions and interventions to decisively reshape the contemporary global financial system that is out of tune with the long-term imperatives of climate action. Aligning finance to climate goals at the necessary scale, pace and direction requires the calibration of financial flows across three axes: ‘public-private’; ‘real-financial’ and ‘national-international’. Along the first axis the naturedepleting, climate imperiling logic of short-term private profitability needs to be contained in order to pursue the public priorities of climate action. Along the second axis, policy efforts have to be geared to ensuring that financial flows are financing investments in climate mitigation and adaptation and not simply providing more fodder for the global portfolio glut and financial accumulation. Finally, along the third axis warding global funding and support on appropriate terms has to be provided to the most vulnerable countries while buttressing national ownership of the green mission.
Topic:
Climate Change, Industrial Policy, Banking, and Green Transition
Political Geography:
Global Focus

20. The Distribution of Climate Finance among Annex-II Countries: A CBDR-RC Approach for Partial Funding of the Developing Countries

Author:
Shouvik Chakraborty
Publication Date:
01-2025
Content Type:
Working Paper
Institution:
Political Economy Research Institute (PERI), University of Massachusetts Amherst
Abstract:
Developing nations face the significant challenge of reconciling their efforts in climate change mitigation with the urgent need for financial resources to adapt to climate-related disasters, achieve sustainable development, and stabilize their economies. The financial requirements for addressing climate impacts span various sectors, including energy transition, energy efficiency, transportation, agriculture, forestry, other land use (AFOLU), and adaptation strategies. Estimates provided by reputable international organizations, such as the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), and the Intergovernmental Panel on Climate Change (IPCC), suggest that the annual global climate finance needs may range from $4.2 trillion to $5.7 trillion. Within this framework, the share allocated to developing countries is estimated to constitute approximately $1.9 trillion to $2.0 trillion annually, mainly to support mitigation efforts. It is widely acknowledged that developing countries are unlikely to meet these financial demands independently. Consequently, it is projected that around $1 trillion must be sourced from advanced economies, particularly the AnnexII countries. This paper introduces a methodology grounded in the principles of common but differentiated responsibility and respective capability (CBDR-RC). It facilitates a structured distribution of financing responsibilities among Annex II nations. The methodology incorporates the notion of historical responsibility, quantified as carbon debt, while also measuring capability through a balanced consideration of the wealth and gross domestic product (GDP) of the AnnexII countries. The analysis conducted reveals that the United States of America (USA) is required to contribute nearly half of the total financial obligations among the AnnexII countries, with the remaining funds to be apportioned among other nations within this group.
Topic:
Development, Finance, Climate Finance, and Burden Sharing
Political Geography:
Global Focus