Barbados Prime Minister Mia Mottley is leading the charge against an international financial system that puts more people at risk each year as the climate crisis deepens. Photo by COP28 / Christopher Pike (CC BY-NC-SA 2.0 Deed) Mottley intends to catapult her Bridgetown Initiative into the mainstream. But beyond these changes, Mottley believes she’s identified an important revenue stream that could generate hundreds of billions of dollars without straining the financial system. Barbados PM Mia Mottley has emerged on the world scene as a fierce champion of global financial reform to avert the worst impacts of the climate crisis. Without naming it, Mottley is attempting to resurrect an old idea in financial circles and bring it from the national level to the international.

Source: CBC News February 01, 2024 22:17 UTC