Scaling up climate finance in the context of Covid-19: A science-based call for financial decision-makers
Thursday, 11th November 2021

Event to discuss how financial decision-makers can align finance with sustainable development and help to accelerate the transition to a net-zero, climate resilient economies, based on the latest scientific findings and policy developments. The event will provide an overview of four interventions to achieve this objective in the context of Covid-19: 1) Integrating policies on climate action, sustainable development, and Covid-19 stimulus, 2) Alleviating the debt burden of developing countries to create the fiscal space for a green recovery, 3) Setting up multi-sovereign guarantee funds, and 4) Developing credible green bond markets and facilitating developing countries accessing them.
These four immediate actions could have a structural positive impact on the future climate policy architecture. They could a) facilitate the deployment of carbon pricing since de-risking mechanisms will increase the volume of low-carbon investments at a given carbon price; b) magnify the impact of financial transparency and disclosure though the emergence of investments and asset classes of higher credibility; c) reduce the fragmentation of climate and development finance and d) enhance the capacity of MDBs and overseas assistance to support non-marketable services. These are critical to boost the adaptive capacity of societies and to crowd in private capital to fund mitigation activities.

Slides
Key lessons from "A science-based call for financial decision-makers"

Heleen de Coninck

Bridging the climate finance investment gap : Experiences from the Green Climate Fund

Yannick Glemarec

Spiral of Distrust to a Circle of Trust in the Climate Affair

Jean-Charles Hourcade

Videos
Speakers
Amal-Lee  Amin
Amal-Lee Amin

CDC Group
Heleen  DE CONINCK
Heleen DE CONINCK

Eindhoven University of Technology, Technology, Innovation and Society Group, Atlas Building
Yannick  Glemarec
Yannick Glemarec

Green Climate Fund
Michael  GRUBB
Michael GRUBB

University College London
Jean-Charles  HOURCADE
Jean-Charles HOURCADE

CNRS/CIRED
IPCC
Social Media Channels