On the Ground at COP27: Tallying Payments and Progress
Climate One
00:00
How Much Money Will It Take to Keep Us Below 1.5 Degrees of Heating?
There is a lot riding on the private sector because as we know, public money is scarce. It could be through government policies and regulations which encourage private sector to invest in the right thing. The kind of incentives that are being given if I were to just take the example of electric cars in the US. Or heat pumps. We love heat pumps. Yeah, people, you get money and that has had bipartisan support. So much is riding on how financing in the private sector could be mobilized.
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