To fight climate change, we need finance. But without equitable use of financial resources, climate action will remain unjust and out of reach for those most affected. In the past, IPP contracts and energy sector investments have largely benefited a few powerful actors failing to deliver affordable, reliable energy to the majority. This pattern of elite capture must be addressed if we are to build a just, inclusive, and sustainable energy future
Pakistan's energy and climate finance: a tale of elite capture
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