Location: Madinat Jumeriah Conference Centre, Dubai
Organizer: Climate Action Organization
Type: Panel
Conference: Sustainable Finance Forum
Speakers:
- Paulo Martelli, Chief Investment Officer, FinDev Canada
- Dr Mahmoud, Mohieldin, UN High Level Champion, Egypt
- Aparna Shrivastava, Deputy Chief Climate Officer, U.S. International Development Finance Corporation
- Tim Reid, CEO, UK Export Finance
- Ambroise Fayolle, Vice President, European Investment Bank
Background:
How blended finance catalyses adaptation, manages risk and bridges the adaptation financing gap when leveraging public and private capital.
The world is facing monumental challenges from climate change and ongoing geopolitical crises, this requires stronger collaboration between the public and private sectors- to what extent is the mobilisation of private capital and investment required to scale solutions globally?
Can public to private capital collectively facilitate the mobilisation of capital for climate change mitigation and adaptation efforts in emerging economies?
By combining public to private capital, reducing investment risks and creating financial incentives these mechanisms can help accelerate the transition to a low carbon and climate resilient future while supporting the UN SDGs in developing countries.
Is blended finance a proven approach for optimised risk management?
Private finance faces multiple constraints- future policy uncertainty and technological costs that raise the cost of capital to other barriers such as data limitations and unattractive risk-return profiles. How are these challenges being overcome and how far is private climate finance helping emerging economies meet Paris Agreement goals?
Role of Multilateral Development Banks in leveraging public finance to unlock private capital – how can MDBs be incentivised to take on more risk? Does the lack of collaboration across MDBs impede their competitive advantage and ability to attract institutional investors?