The CGD Podcast Climate Finance in an Era of Uncertainty with Dirk Meyer and Elizabeth Sidiropoulos
Jun 12, 2025
Dirk Meyer, Director General of Germany's BMZ, and Elizabeth Sidiropoulos, Chief Executive of the South African Institute for International Affairs, dive into crucial climate finance discussions. They explore the challenges and opportunities following the 2025 Development Leaders Conference. Topics include balancing climate mitigation with adaptation, the role of private sector funding, and innovative strategies for Africa’s unique climate hurdles. They also emphasize the importance of global cooperation and agility in navigating these complex and uncertain times.
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Climate Finance Is Vital and Complex
- Meeting ambitious climate funding targets remains crucial for global survival and quality of life.
- Incorporating private sector and MDB funding is vital, as public funds alone cannot cover the necessary gaps.
Climate Needs Economic Balance in Africa
- African countries view climate action through the lens of economic transformation and job creation.
- Climate discussions often overshadow urgent development needs like energy access and economic growth.
Effectiveness Drives Mitigation Funding
- Effectiveness is key when deciding where climate mitigation funds should go.
- Focusing mitigation in middle-income countries with political commitment yields better impact.