Road to COP28: accelerating the deployment of climate finance?

Featured Speaker:

Nick Green, Senior Manager - Policy, Abu Dhabi Global Market

Climate finance is the lifeblood of sustainable initiatives, ranging from renewable energy projects to climate adaptation measures, and its timely deployment is paramount. The global community must accelerate its deployment to effectively combat the escalating environmental crisis. COP conferences serve as pivotal platforms where nations converge to strategize and commit to actions that can reshape the trajectory of our planet’s future. This journey necessitates navigating intricate geopolitical landscapes, fostering innovative financial mechanisms, and ensuring equitable distribution to address the diverse needs of nations. COP28 Designate President highlighted “fixing climate finance” as one of the main four areas for the upcoming climate negotiations. Under that narrative, what are the main areas that need to be repaired to accelerate the mobilization of climate finance? On which specific aspects should finance-related negotiations focus?

Moderator:

Brian Cozzolino, Director, Gulf Intelligence