In this episode of the ESG Insider podcast, we’re talking climate finance ahead of COP29, the UN climate change conference taking place in Baku, Azerbaijan in November 2024. 

Scaling climate and clean energy financing will be a major focus at COP29, which many are calling the “finance COP.” Both the public and private sector will play a role in addressing the massive climate financing gap for developing countries, including through blended finance.  

To learn more, we speak to Vijay Bains, Chief Sustainability Officer and Group Head of Environmental, Social and Governance at Emirates NBD, the largest bank in Dubai, United Arab Emirates. COP28 took place in Dubai in 2023, and Vijay explains how the event acted as a “lightning bolt” to bring global attention to sustainability in the region. 

We also speak to Marina Severinovsky, Head of Sustainability North America at asset manager Schroders, about the role that policy and regulations can play in helping financial institutions unlock private investment in climate and other sustainability issues.  

And we hear about the importance of a just transition that deploys capital to the regions that need it most in an interview with Prerna Divecha, Head of Climate and ESG Credit Risk Solutions at S&P Global Market Intelligence.  

We conducted these interviews at The Nest Climate Campus, where ESG Insider was an official podcast during Climate Week NYC.     

Listen to last week’s episode, Breaking down barriers to find climate solutions: https://www.spglobal.com/esg/podcasts/breaking-down-barriers-to-find-climate-solutions  

Read S&P Global’s Climate Week key takeaways here: https://www.spglobal.com/esg/insights/featured/special-editorial/5-big-ideas-we-re-taking-from-climate-week-nyc-to-cop16-and-cop29  

This piece was published by S&P Global Sustainable1, a part of S&P Global.   

Copyright ©2024 by S&P Global 

DISCLAIMER  

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.  

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.