While wealthy nations have agreed to triple their financial contributions to poorer countries through grants and loans at last year’s COP29 climate talks, there remains a trillion-dollar shortfall annually in the next decade to meet the Paris Agreement goals.
Increasingly, the private sector has pitched innovative financial instruments uch as sustainability-linked loans and more recently, a novel class of carbon credits known as “transition credits” — to close this so-called “financing gap” to accelerate the energy transition in developing Asia
But amid coal exit pledges and sustainable financing commitments made by some of the largest financial institutions and multilateral development banks,is capital being allocated towards “greener” activities?’ ls financial innovation the region’s best bet to phase out fossil fuels?
Learn how to follow financial flows, uncover loopholes in climate finance initiatives and what is needed – beyond financial innovation – to enable just energy transition in Asia at this upcoming workshop
Facilitated by: Gabrielle See
Date: 7 April 2025 (Monday) Time: 7.30-9pm; feel free to stay back and chat Location: To be shared after confirmation
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