The Columbia Climate School and Center on Global Energy Policy hosted a panel discussion during COP26 in Glasgow, Scotland focusing on new mechanisms and strategies to unlock private capital to support climate action in emerging markets.

According to the International Finance Corporation (IFC), the financing gap for climate in developing economies amounts to $23 trillion between now and 2030—or roughly $1.5 trillion per year. Meeting this finance challenge will require large amounts of public finance to catalyze an even much larger amount of private finance.

Welcome Remarks:

  • Jason Bordoff, Co-Founding Dean, Columbia Climate School; Founding Director, Center on Global Energy Policy at Columbia University SIPA

Moderator:

  • Lauren Cochran, Vice President of Equity & Investment Funds, U.S. International Development Finance Corporation (DFC)

Opening Remarks:

  • Ali A. Zaidi, Deputy White House National Climate Advisor

Speakers:

  • Anne Finucane, Vice Chairman, Bank of America
  • Mark Gallogly, Co-Founder, Three Cairns Group
  • Dr. Zainab Usman, Director, Africa Program, Carnegie Endowment for International Peace
  • Ailun Yang, Lead of Global Climate and Environment Initiatives, Climate & Environment, Bloomberg Philanthropies

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