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The COP26 meeting in Glasgow this year placed emphasis on increasing the availability of climate finance. Yet, will emerging economies be left short once again? Without a clear #commitment to regulatory changes in the Global North, which push climate finance towards the developing world, countries like India will find it impossible to commit to further painful cuts in their emissions pathways. Can the private and public sector, developing and developed countries, find common ground? What can be hoped for in terms of unleashing capital from the North to get to work on the Green Transition in the South? What role do financial processes and constraints in the world’s financial centres play in creating bottlenecks on the flow of climate finance across borders?
In conversation with Nicholas Stern, IG Patel Chair of Economics and Government, London School of Economics, United Kingdom
Jayant Sinha, Member of Parliament and Chairperson of the Parliamentary Standing Committee for Finance, India
Moderator – Annapurna Mitra, Fellow, Observer Research Foundation, India |