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It’s the trillion-dollar problem: funds are on the table - but the money isn’t always flowing to where it’s needed most. As Hurricane Melissa batters the Caribbean, it leaves behind a stark reminder of what’s at stake when finance fails to reach the most climate-vulnerable places.
This week on Inside COP, Christiana Figueres, Tom Rivett-Carnac, Paul Dickinson and Fiona McRaith unpack what it will take to fix the world’s climate finance system, and make COP30 a turning point from pledges to real investment.
The team are joined by guest host Sue Reid, Climate Finance Advisor at Global Optimism, to demystify the landscape of public and private finance and explain how smarter systems - not just bigger sums - can unlock climate action at scale. And Avinash Persaud of the Inter-American Development Bank, outlines the major finance innovations to watch in Belém, from debt-swap facilities to the ReInvest+ initiative.
Plus, the team considers the latest NDC synthesis report, which highlights the gap between where we are and where we need to be. But do these nationally determined contributions reflect the real-world momentum already underway - or just mirror the politics of the moment?
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