To achieve global climate goals, a shift to renewable energy and green technologies is essential. But, developing economies face challenges with securing funding. With limited fiscal space and low financial development, foreign direct investment (FDI) and official lending are crucial. Our high-level panel will discuss: market reforms and financial sector policies to attract official financing; the impact of climate policies on FDI in low-carbon technologies and the conditions needed to attract it; how domestic policies can enhance government revenue to support renewable energy; and the impact of public-private partnerships, blended finance structures, and international cooperation. Learn more: [ Ссылка ]
SPEAKERS
- Ajay Banga, President, World Bank Group
- Kristalina Georgieva, Managing Director, International Monetary Fund
- Mohamed Jameel Al Ramahi, CEO, Masdar
- Nadia Calviño, President, European Investment Bank
- Moderator: Pilita Clarck, Business Columnist, Financial Times
AGENDA
00:00 Explainer video and welcome
04:34 Impact of the elections in USA
08:23 Boosting the role of the private sector
25:50 Climate finance from the Multilateral Development Banks (MDBs)
34:32 Providing access to electricity to 300 million people in Sub-Saharan Africa by 2030
The World Bank Group at #COP29 | A livable planet with clean energy, more resilient communities, and stronger economies is possible. The World Bank Group is committed to making it a reality—and ensuring that climate change doesn’t delay much-needed development and worsen quality of life. Join us live from Baku, Azerbaijan for the United Nations Climate Change Conference COP29. [ Ссылка ] [ Ссылка ]
ABOUT THE WORLD BANK 🌐 The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development on a livable planet. [ Ссылка ]
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