"The Climate Challenge Cannot Be Solved With Public Money Alone; Private Capital Must Be Mobilised"

Raisina Dialogue 2022: Timid Leadership, Bashful Banks: Who Will Fund the Green Transition? Inadequate flow of global capital to developing countries remains the biggest hurdle to achieving climate targets. Despite US$46 trillion of pension funds and excess savings of nearly US$4 trillion earning negligible returns, the actual flow of capital to developing countries remains well below stated pledges and real requirements. Private finance will have to step in to work with public finance in closing the gaps for sustainable decarbonisation and a just transition. #RaisinaDialogue #GreenTransition #ORF How can the Global North be made to deliver on its green finance commitments? How can risk assessments privilege green investments in emerging economies? Can big players in global financial hubs build capacity to evaluate and deploy capital at scale in the developing world? What innovative financial instruments are needed to accelerate green finance in emerging destinations where large gains for eco-transition are to be had? Amitabh Kant, CEO, NITI Aayog, India Gwendoline Abunaw, Managing Director, EcoBank Cameroon, Cameroon Christian Kettel Thomsen, Vice President, European Investment Bank Joojin Kim, Managing Director, Solutions For Our Climate, South Korea Moderator: Shikha Bhasin, Senior Programme Lead, Council on Energy, Environment and Water (CEEW), India Raisina Dialogue 2022 Full Playlist Link:    • PM Modi and I agreed on an EU-India Trade ...   #Raisina2022 #RaisinaDialogue2022 #RaisinaDialogue #GreenTransition #ClimateChange #ClimateFinance #ClimateAction Subscribe, follow and engage with us: YouTube:    / orfdelhi   Facebook:   / orfonline​   ORF Twitter:   / orfonline   Raisina Dialogue Twitter:   / raisinadialogue   Instagram:   / orfonline