Post by account_disabled on Mar 2, 2024 21:08:55 GMT -7
A silver bullet that can erase the gap entirely, but there are clear situations in which it can benefit all stakeholders if the appropriate due diligence is undertaken. This story first appeared on: Brink News Show comments for this story. More on this topic Infrastructure Finance & Investing Public-Private Partnerships Share this article Twitter Facebook Linkedin image Blair Chalmers Director Marsh and McLennan Companies’ Asia Pacific Risk CenterCan results-based climate finance prevent adversity? Estimates show that $ trillion in green investment is needed annually by in developing nations for climate action.
By Rohini Mukherjee July , image Shutterstock Aleksandar Milosevic Close Authorship It’s urgent to fund climate solutions in developing nations. The risk of climate-related adversities particularly BTC Number Data affects the poor, who already suffer disproportionately from these impacts. Direct government funding is scarce in the least-developed countries. Hence, climate change investment needs are significant. One way to address this gap and also reduce investment risks is to use results-based climate finance.
This is a financing model designed for projects in which payment is made only when the desired outcome is achieved. According to the World Economic Forum, $ trillion in green investment is needed annually by in developing nations. This is equivalent to shifting $ trillion in business-as-usual global investments into green investments — including $ trillion into climate finance. To realize this vision and mobilize resources at the scale required, public and private players need to work together effectively.
By Rohini Mukherjee July , image Shutterstock Aleksandar Milosevic Close Authorship It’s urgent to fund climate solutions in developing nations. The risk of climate-related adversities particularly BTC Number Data affects the poor, who already suffer disproportionately from these impacts. Direct government funding is scarce in the least-developed countries. Hence, climate change investment needs are significant. One way to address this gap and also reduce investment risks is to use results-based climate finance.
This is a financing model designed for projects in which payment is made only when the desired outcome is achieved. According to the World Economic Forum, $ trillion in green investment is needed annually by in developing nations. This is equivalent to shifting $ trillion in business-as-usual global investments into green investments — including $ trillion into climate finance. To realize this vision and mobilize resources at the scale required, public and private players need to work together effectively.