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Whether this problem should be solved by climate funding or some other form of support is a distinction that probably means very little to the residents of this flooded village in Laguna. (MT Photo)
Whether this problem should be solved by climate funding or some other form of support is a distinction that probably means very little to the residents of this flooded village in Laguna. (MT Photo)

IN a recent (February 19) commentary for Inter Press Service (IPS), a former regional vice president of the World Bank and fellow of several think tanks makes the argument that "existing international institutions are not delivering on climate change mitigation and finance," and proposes the establishment of an international "Green Bank" to correct the situation.

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