Aligning private finance with climate objectives (SDG 13): Towards ambitious action
Room: BB1 Marie and Irene Curie
Description
Aligning all financial flows with low-emission, climate-resilient development is a central objective of the Paris Agreement, and it is now clear that to realise sustainable development, public and private finance needs to address the climate emergency. As we enter 2020, dubbed by many as the global ‘use it or lose it’ year, a step change is needed in aligning finance with climate objectives and making the right investment decisions. Building on findings of the OECD report ‘Aligning Development Co-operation and Climate Action: The Only Way Forward’, this session will provide a space to take stock of international and country-level efforts to align private finance with the objectives of the Paris Agreement in developing countries, assess progress to date, and explore opportunities to increase impact and accelerate action.
