Emerging markets and developing economies (EMDEs) need roughly $2.4 trillion annually by 2030 to stay on track to meet global climate goals. However, these countries remain heavily reliant on public financing and funding from multilateral development banks to develop the infrastructure needed to accelerate the energy transition. This panel will focus on the investment challenges facing EMDEs, and the challenges that financial institutions funding the energy transition in EMDEs are encountering while investing in sustainable, profitable, and equitable clean energy projects globally.
Speakers:
- Damilola Ogunbiyi, CEO of Sustainable Energy for All , Special Representative, UN Secretary-General for Sustainable Energy for All, and Co-Chair, UN-Energy
- Avinash Persaud, Special Advisor on Climate Change to the President, Inter-American Development Bank
- Samaila Zubairu, President and CEO, Africa Finance Corporation
Moderator: Akshat Rathi, Senior Climate Reporter, Bloomberg