June 29, 2023

Day

Experts have called for urgent collaboration to tackle the issues in climate finance at a sub-forum during the 14th Annual Meeting of the New Champions in Tianjin, China, on Wednesday. These experts representing academia, banks, investment institutions, and enterprises focused on enhancing the bankability of “net zero emission” projects through policy changes during the sub-forum....
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Every year, in a well-choreographed succession of international summits, climate negotiators spend valuable political capital wrangling about the billions and trillions needed globally to finance the energy transition. But even if all these summits results in statements about the “allocation” of billions of new climate finance commitments  – which are always welcome  – this discussion may distract from a more pressing need: project financing.  Financing projects is boring. It does not produce attention-grabbing headlines, nor does it go viral on social media. Yet, if we are to tackle climate change,...
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