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Posted on September 17, 2024 | Updated at 12PM

Panel discussion: Looking towards COP29 – Mobilizing private capital to scale climate investments in emerging markets

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Emerging markets solar panel

Hosted by: Climate Action Organization at the Sustainable Investment Forum North America 2024 (Climate Week NYC)

Session description 

  • Has future policy uncertainty, technological costs, rising capital costs, and data limitations created unattractive risk-return profiles?
  • To what extent is private climate finance helping emerging economies meet Paris Agreement goals?
  • The private sector is skilled at managing project implementation risks but less equipped to handle policy risks or investments in easily replicable innovations. How can this be improved?
  • How can MDBs (Multilateral Development Banks) in the region be incentivised to take on more risk by leveraging public finance to unlock private capital?  
  • Can blending finance catalyse adaptation by bridging the financing gap through effective risk mitigation and leveraging both public and private capital in the region?
  • How is the New Collective Quantified Goal (NCQG) being developed? Will its ratification and formalisation during COP29 accelerate the mobilization and blending of public and private finance?

Speakers

  • Moderator: Sergio Gusmão Suchodolski, Special Enovy, Finance in Common Initiative
  • Amy Hepburn, CEO, Investor Leadership Network
  • Lori Kerr, CEO , FinDev Canada
  • Senior representative, Howden