Success at the COP29 climate summit in Baku, Azerbaijan will largely be measured by whether countries collectively agree to deliver much more, higher-quality finance for climate action. Research shows that developing countries excluding China need around $1 trillion per year in external finance to achieve climate and nature goals by 2030, including around $500 billion from international public sources. In our webinar, a distinguished panel of experts will preview this key issue for COP29 and global climate action.
Featured Speakers:
- Hans Peter Lankes, Deputy Chief Executive and Managing Director, Overseas Development Institute (ODI)
- Mr. Emmanuel Guerin, Fellow, Geopolitics of Climate Change, European Climate Foundation
- Karen Mathiasen, Project Director, Center for Global Development
- Kevin Gallagher, Professor of Global Development Policy, Boston University and member of the Task Force on Climate, Development and the International Monetary Fund
- Gaia Larsen, Director Climate Finance Access, Climate, Economics and Finance Program, World Resources Institute
- Melanie Robinson, Global Climate, Economics and Finance Program Director, World Resources Institute (moderator)
These leading experts will articulate options for increasing bilateral and multilateral finance and explore wider sources of funding such as new taxes, re-directing fossil fuel and other harmful subsidies, mobilizing more investments from the private sector, and debt relief and restructuring. Speakers will also discuss how to deliver finance on the right terms, navigating the scarcity of concessional finance and avoiding adding to the debt crisis. Finally, they will approach the politically sensitive issue of whether more countries should contribute to climate finance and the tools available to ensure a fair approach.
This webinar is free and open to the public – we invite you to share this event with interested colleagues and networks!
