Challenges and the Need for Transformational Change in Financing Climate Solutions

This chapter discusses the need for transformational change in economies, businesses, and financial institutions to address the insufficient funding for sustainable development goals, particularly in the global south. It explores the challenges related to reliance on businesses and entrepreneurs, policy and regulatory changes, evaluation of decarbonization efforts, and shifting the mindset around capital allocation. The chapter concludes with a question about whether there is any good news in this context.