Strategies for accelerated climate finance according to the World Economic Forum

As the urgency of climate change intensifies, governments worldwide are implementing policies to stimulate private climate finance. However, effective mobilization requires innovative strategies tailored to incentivize investment, promote accountability, and mitigate risks. Here are four key considerations mentioned in a World Economic Forum report:

Private sector engagement is crucial for financing the climate fight, given the scale of investment required. With the private sector managing significant assets, policies and incentives can unlock opportunities for investment in clean energy, sustainable transport, and other climate solutions.