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Climate Special: A Look Ahead At COP28

Pod Save the World

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Unlocking Funding for Climate Change Initiatives in Developing Countries

This chapter discusses the need to mobilize trillions of dollars to deploy renewable energy and new technologies, particularly in developing countries. It explores the role of multilateral development banks in providing concessionary funding and proposes financial tools such as blended finance and philanthropy. The chapter also introduces the concept of the Energy Transition Accelerator and emphasizes the importance of high standards and measurement for environmental integrity.

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