To reach the $100-150bn required to meet net zero, significant commitments will need to be made over the coming years, new initiatives are starting up to encourage this investment such as GFANZ. However, even if we have all of the money required, we still need to get it to where it is needed the most, Emerging and Developing Economies. This can only be done with a radical change to the international financial architecture.
Key learning objectives:
Outline the commitments to reach net zero
Discuss how we can get the money where it is needed