Avinash Persaud

In this insightful discussion, Avinash Persaud, an economist behind the Bridgetown Initiative, unpacks the urgent financial needs of small tropical nations grappling with climate change. He argues for a green transformation that not only aids these vulnerable countries but also offers profitable opportunities. Persaud shares personal stories from Hurricane Maria, advocating for Dominica to become the world's first climate-resilient nation. He emphasizes the responsibility of wealthier nations to support this initiative, addressing climate inequality head-on.

Avinash Persaud, climate advisor to the Inter-American Development Bank and former economic advisor to Barbados, dives into how the financial system can better support climate action. He discusses the staggering gap in clean-energy investments flowing to developing countries. Persaud highlights the risks capital owners face when investing in these regions, from currency issues to political instability. He also emphasizes the need for tailored electrification strategies while exploring the broader implications of reserve currency status on global finance and fossil fuel subsidies.

Prof Avinash Persaud, special envoy to the Prime Minister of Barbados, discusses topics such as the Bridgetown Initiative, reducing foreign exchange risk, addressing climate change in vulnerable countries, and the challenges of coalition building. He shares insights from his career in finance, academia, and public policy, highlighting the importance of sustainable renewable energy infrastructure.

In this engaging discussion, Avinash Persaud, a seasoned expert on climate finance and special advisor for the Inter-American Development Bank, dives into the urgent financial dilemmas facing developing nations at COP29. He highlights the staggering $1 trillion needed yearly, emphasizing the disconnection between beneficiaries and funders. Persaud argues that climate change is ultimately 'uninsurable' and advocates for innovative financial solutions to empower poorer countries in the energy transition. His insights shed light on the complexities of mobilizing funds and fostering genuine international collaboration.

Avinash Persaud, Special Advisor on Climate Risks to the President of the Inter-American Development Bank, dives into the hurdles that keep private investors away from developing countries. He shares insights on de-risking investments to attract capital for clean energy projects. The discussion highlights innovative financing options, including initiatives for foreign exchange liquidity and sustainability-linked bonds. Persaud also addresses the evolving landscape of carbon markets and the challenges surrounding ESG investments in a shifting political climate.