Solving the Climate Finance Paradox via De-risking and Partnerships
Time & Location
About the Event
Join us on Friday 16 October at 7am EDT for a side event as part of the GCF Private Investment in Climate Conference 2020.
This event by the founding partners of the Climate Investment Platform (CIP), IRENA, SEforALL, and UNDP in coordination with the GCF, will explore the de-risking measures needed to catalyse finance for clean energy in developing countries in the age of the COVID-19 pandemic.
The CIP is an inclusive partnership that seeks to provide integrated and streamlined support to solve the ‘climate finance paradox’: funds flow slowly and insufficiently despite an abundance of interested financiers with capital and eager project proponents and developers. The CIP is fostering dialogues in the climate finance space, delivering country- and project-level support to access and leverage capital, and connecting project proponents, technical service providers, and financiers to support transformative climate action.
This discussion with CIP partners and private sector representatives will identify de-risking mechanisms that project proponents can utilise, drawing on CIP’s partner network, to overcome barriers to investment. Audience feedback will contribute to the further development of the CIP’s interface with the private sector.
Register here: gcfconference.com