Name: A playbook for financing climate solutions
Uploaded: 2023-12-01T15:56:08Z
Duration: 13 min 19 s
Description: Tackling climate change costs a lot of money — and the financial sector is key to getting that money flowing. In a wide-ranging conversation, sustainable investment leaders Nili Gilbert and David Blood discuss where progress is being made on climate solutions, where capital still needs to move faster and why this is an unprecedented opportunity for sustainable growth.

Nili Gilbert and David Blood: A playbook for financing climate solutions

A playbook for financing climate solutions

Tackling climate change costs a lot of money — and the financial sector is key to getting that money flowing. In a wide-ranging conversation, sustainable investment leaders Nili Gilbert and David Blood discuss where progress is being made on climate solutions, where capital still needs to move faster and why this is an unprecedented opportunity for sustainable growth.

The flow of money is lagging behind what the climate crisis demands, with the world needing three to four trillion dollars a year to decarbonize the economy by 2050. While global institutions have pledged up to 150 trillion dollars toward net zero, those funds are not reaching hard-to-abate sectors or the Global South fast enough. The good news: technological advances are making clean solutions cheaper, and financial systems can adapt rapidly when the incentives are right. This transformation is both a challenge and a multigenerational opportunity for sustainable growth.