Don’t leave Global South out of green tech growth, UN warns
The majority of developing nations are set to miss out on the economic benefits of booming green technologies, slowing progress toward their climate goals and widening the inequality gap between rich and poor countries, a United Nations report warned Thursday.The U.N.’s agency for trade and development, or UNCTAD, said that unless the international community and national governments actively tend to green tech industries in developing countries, the benefits associated with lower-emission technologies will be near inaccessible for many poorer nations particularly in Latin America, the Caribbean and sub-Saharan Africa.“We are at the beginning of a technological revolution based on green technologies,” said UNCTAD Secretary-General Rebeca Grynspan. “Developing countries must capture more ...