Economist Avinash Persaud is working on the Bridgetown Initiative to change how rich countries finance poor countries during the climate crisis. He discusses the impact of global climate change on small countries and the importance of a green transformation. The chapters explore rebuilding after natural disasters, addressing responsibility and financing for climate action, new sources of public finance, and lowering the cost of the climate crisis with the involvement of affected communities.

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.