Scaling Up Climate Finance: Overcoming Barriers to Green Growth

The quickened pace of climate change is pushing countries, multilateral institutions, and companies to rethink climate finance models and energy transition strategies, but developing countries are bearing the biggest brunt of climate effects with damages from climate change costing them an estimated $227 billion in 2022 alone. Talks at last year’s COP27 and discussion of PM Mia Mottley’s Bridgetown Agenda showed renewed promise for a solution that could address these losses through its newly established financial support structure – if multilateral banks reform and donor commitments materialize. How can climate finance from public, private, and other innovative sources be scaled up? What reforms and commitments are needed to support green growth across the globe?

Ayaan Zeinab Adam, CEO, AFC Capital Partners and Senior Director, Africa Finance Corporation
Sally Hamdalla, Head of Financial Institutions & Multilateral Relationships, QNB ALAHLI - Egypt
Zoë Knight, Group Head, Centre of Sustainable Finance, Head of Climate Change MENAT, HSBC
Hemant Mandal, Senior Advisor, Energy and Energy Transition, Global Counsel
Moderator: Verity Ratcliffe, Middle East Energy News, Bloomberg