Finance plays a key role in enabling climate change mitigation and adaptation. It is also a contested issue in the UN climate negotiations. The UK Government has made climate finance one of its top thematic priorities for COP26 and 2020 constitutes the deadline for developed countries to mobilise USD 100 billion per year to support climate action in developing countries.

This week the Climate Briefing team speak to three experts to find out more. Mattias Frumerie, from the Swedish Ministry of Foreign Affairs, explains the key debates surrounding climate financing. Tenzin Wangmo, Lead Negotiator for the Least Developed Countries (LDC) Group outlines how developing countries view these financial concerns. Finally, Rachel Ward from the IIGCC provides an insight into how investors are approaching the issue.

Read the meeting summary:

Climate Finance and the COP

Credits:

Speakers: Matias Frumerie, Tenzin Wangmo, Rachel Ward

Hosts: Anna Aberg, Ben Horton, Johanna Tilkanen

Sound Editor: Jamie Reed

Producer: Ben Horton

Recorded and produced by Chatham House

Episode 5: How to Finance Climate Action