The planet is on the verge of exceeding the 1.5 centigrade limit established by the 2015 Paris Agreement, placing the issue of climate change front and centre for all of us today. On the other side of this crises are vulnerable nations, who have fewer resource to fight climate change, and are facing the double jeopardy of climate justice. In our next episode of Decoding Impact we explored the topic of Climate Finance - focusing on the intersection between finance and climate change, and discussing the role India can play in the global agenda. Finance has a crucial role to play to support three key pillars of mitigation, adaptation, and loss & damage, which are all actions that are necessary to address climate change. So how much money are we talking about? What institutional structures do we need to put in place to accelerate action? To discuss these questions and more in detail with us, we sat down with Mr. Varad Pande a climate finance and investment expert. Varad is currently a partner at BCG shaping their work in climate and sustainability.
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Host: Rathish Balakrishnan Linkedin | Twitter
Guest: Varad Pande Linkedin | Twitter
Podcast Producer: Meenakshi Iyer
Audio Engineer & Editor: Abhilash Raikar
Designer: Usha Sondhi Kundu
- 0:00 - Introduction
- 0:38 - Episode Highlight Reel
- 01:28 - Introduction to Climate Finance & expert guest Varad Pande
- 03:28 - The climate challenge evolution
- 09:18 - Why is climate finance so hard?
- 14:39 - Climate and the Global North vs. the Global South
- 18:46 - The Just Transfer of Resources
- 21: 31 - The third pillar of climate financing: Loss & Damage Fund
- 24:40 - Where is India's climate financing coming from?
- 30:21 - Transaction costs and blended finance
- 34:14 - Collective infrastructure to enable climate financing
- 39:50 - Infrastructure for climate financing that needs to be built
- 42:18 - Carbon markets and climate financing
- 48:21 - Mitigation to adaptation with carbon markets
- 51:50 - Climate change conversation: an opportunity for India
- 55:55 - Innovation and climate finance
- 58:40 - Message for key stakeholders
- 59:46 - Philanthropy and climate change
- 01:02:46 - Summary
- 01:03:51 - India's G20 Presidency and the opportunity to address climate change
- 01:05:38 - Thanks & Outro
