Overcoming Corruption in the Race Against Climate Crisis

According to Transparency International, up to 35% of climate action funds, depending on programme, have been lost to corruption in the last five years.

On one hand, corruption fuels the climate crisis by depriving countries of much-needed revenues to act on climate change and build resilience, while also significantly altering the efficient allocation and distribution of resources to achieve development objectives.

For example, according to the U4 Anti-corruption Resource Centre, the top recipients of climate finance are among the riskiest places in the world for corruption.

On the other hand, climate impacts reinforce corruption by creating economic and social instability and inequality, fostering an environment more conducive to corruption and misuse of funds, that ultimately deprives the poorest and hardest hit.

Overcoming corruption in the race against the climate crisis requires collective action and bold partnerships between government, private sector, and civil society to recognise and combat the issue through more effective management of resources and programmes, writes Francine Pickup for Inter Press Service.


(file photo).

Follow AllAfrica

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.