The Interplay of Electrification and Economic Growth

Even with all the turmoil of the past few months, the energy transition isn’t taking a break. Last year, global spending on clean-energy technologies was more than $2 trillion, according to BloombergNEF. Yet only a small fraction of that money makes its way to developing countries. This week on Zero, Avinash Persaud, climate advisor to the president of Inter-American Development Bank, joins our Moving Money series, and answers the question: how do we make the financial system work for climate action, not against it?

Explore further:

• COP29 Is All About Money. Get Ready for Fights: Moving Money
• Unlocking Climate Trillions With a Global Plan From a Sinking Island 

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