Climate Collective and World Bank’s Global Partnership for Social Accountability are partnering on the Green Accountability Technology Accelerator. With the goal to mobilize 4 trillion USD annually until 2030 for a green transition, only 1.2 trillion USD was allocated in 2023. The initiative aims to use innovative green technology to improve transparency and accountability in climate finance. Digital technologies play a crucial role in ensuring efficient use of climate finance, fostering collaboration among stakeholders. The accelerator focuses on testing and scaling tech solutions to address transparency and accountability gaps, aiming for a trustworthy climate finance ecosystem. Read more here.
Source: Climate Collective