Talking climate finance ahead of COP29

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.   

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