Scale, Velocity and Impact: What Will It Take to Reach Our Climate Finance Goals?
NYT Climate Forward COP27 (Nov.10th panel) – Trillions of dollars of financing are needed globally to address the climate crisis. Mitigation initiatives alone will require an average annual investment of roughly $3.4 trillion between 2020 and 2025, while adaptation and resilience efforts will require somewhere in the region of $410 billion and $560 billion annually through 2030. While estimates of how much financing is actually flowing today vary, there is consensus that we need a step change in the scale and velocity of climate finance. What solutions will enable us to move money faster, at a greater scale and to places where it will have the greatest impact? How are financial institutions stepping up their efforts to deploy more capital? What is the role of policy, regulation and partnerships in unlocking even more financing? Presented by BCG.
Stephen Dunbar-Johnson, President, Int., The New York Times Company
- Veronica Chau, Partner and Director, Sustainable Investing and Social Impact, BCG
- Daniel Hanna, Global Head of Sustainable Finance, Barclays
- Bruce Usher, Professor of Practice and Faculty Director, Tamer Center for Social Enterprise, Columbia Business School