
The future of climate finance depends on the world's ability to decouple climate action from geopolitical hostility. Success will require a "Fit-for-Purpose" global financial architecture that prioritizes liquidity for the vulnerable, transparency in private flows, and the recognition that climate stability is the ultimate global public good.
As we move toward the realization of the New Collective Quantified Goal (NCQG) of $1.3 trillion annually, the global financial landscape is facing unprecedented fragmentation. While the technical solutions for the energy transition are maturing, the "financial plumbing" is being restricted by a new era of Green Protectionism.
While global liquidity exists, the flow of capital from the developed "North" to the developing "South" remains hindered by a growing climate finance gap, particularly in adaptation, and an increasingly fragmented geopolitical landscape. In this background, the objective of this panel discussion is to covers the emerging geopolitical situation, its impact on mobilizing climate finance for global south and suggest actionable pathway for the next decade.
Dalberg, India Head
Advisor, DEA, Ministry of Finance, Government of India
CEO, Climate Bond Initiative
Regional Head of Operations and in charge of IFC's Climate Business in South Asia
Deputy Managing Director, NaBFID