With numerous strains on public finance, the role of private financing to reduce the climate finance gap cannot be overemphasised, writes Davinah Milenge Uwella, principal programme coordinator, and David Ashiagbor, chief financial sector strategy officer, climate change and green growth, African Development Bank.
Bo Li, deputy managing director of the International Monetary Fund, spoke with OMFIF’s US chairman Mark Sobel, on COP28 and climate transition.
As a small island developing state vulnerable to climate change, Mauritius is setting ambitious transition objectives, write Sadhna Gopal, second deputy governor, Urvashi Soobarah, assistant director, supervision, and Arjun Munbodh, bank officer, enforcement and sanctions, Bank of Mauritius.
Inventive financing instruments are not only distinct, they are necessary to ensure sustainable development, writes Marcus Pratsch, head of sustainable bonds and finance at DZ BANK AG.
Transitioning from coal – a bedrock of South Africa's economy – to a green future presents an unsteady but important shift for the country, writes Neil Cole, financing manager, Just Energy Transition Investment Plan project management unit.
Innovative financing mechanisms for managed coal phase-outs are steadily emerging, writes Aurelia Britsch, head of climate research, Sustainable Fitch.
Nature-related investment opportunities are waiting, but it’s time to deliver the finance, writes Mahmoud Mohieldin, United Nations climate change high-level champion for COP27, Egypt.
Varying ideas of ‘green’ and ‘sustainable’ finance create a lack of market clarity, write Thu Ha Chow, head of fixed income, Asia, Ghislaine Nadaud, senior sustainable investing specialist, Frank Reynaerts, senior credit analyst, and Joseph Negrine, associate, Robeco.
How developing countries meet their rising energy needs will be pivotal to the world’s energy and climate future, write Susan Lund, vice president, economics and private sector development, International Finance Corporation, and Tim Gould, chief economist at International Energy Agency.
Galvanising private climate finance calls for a broad mix of policies to create an attractive investment environment and engage investors, write Charlotte Gardes-Landolfini, monetary and capital markets, and Torsten Ehlers, senior financial sector expert, climate finance policy unit, International Monetary Fund.
While MDBs are specially placed to prompt public policy dialogue, it cannot be done alone, writes Gregory Watson, principal specialist, and Joan Prats, principal financial specialist, Inter-American Development Bank.
Financial institutions need to focus on the results of adaptation finance and not solely on the volume writes Sarah Duff, climate adaptation finance expert, European Bank for Reconstruction and Development.
Mobilising institutional investment for sustainable development of EMDEs is not a mere ambition; it is an imperative for a better future, writes Nana Maidugu, head, sustainability and environmental, social and governance, Nigeria Sovereign Investment Authority.
This high-level roundtable, centred around COP28’s finance day, brings together attendees from asset owners, policy-makers, investors and regulators.
2023 has been a defining year for the just transition. The growing focus on sustainable financial products, developments in standards and frameworks and international partnerships to further global needs have been rising at landmark levels.
The Sustainable Policy Institute’s annual summit returns, this year, centred around the key themes in transition finance and scaling the capital need to drive decarbonisation.
Diala Hawila, Knowledge Policy and Finance Centre programme officer at International Renewable Energy Agency, speaks with Katerina Atkins, programme coordinator at OMFIF.