Funding the Future : Climate Finance & COP29
Update: 2024-10-18
Description
In this episode of Climate Conundrum, we dive deep into the topic of climate finance as we prepare for COP29, dubbed the Finance COP. Sanika Diwanji sits down with Arjun Dutt, Senior Program Lead, Center for Energy Finance at the Council on Energy, Environment and Water (CEEW), to unpack the critical role finance plays in global climate action.
We break down:
- What climate finance is and why it's essential for both mitigation and adaptation.
- The global flow of $1.3 trillion in climate finance and why it's not enough to meet climate goals.
- The disparity between public and private sector investments in climate adaptation vs. mitigation.
- Challenges developing countries face in accessing climate finance and why external funding is critical.
- Key topics expected at COP29, including the New Collective Quantified Goal (NCQG) and carbon markets.
This episode offers a comprehensive overview of climate finance and its significance ahead of one of the most pivotal COP events yet.
Listen now to get ahead on what will be one of the biggest themes at COP29.
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