Overview

Climate finance is the key to tackling the climate crisis, yet current financial flows remain insufficient, inefficient, and inequitable. This book argues that a new climate finance framework needs to evolve. The framework has to include incremental structural changes, reforms and innovative solutions that aim at introducing the required shift in the climate finance architecture – its institutions, standards and practices. It proposes multi-level actionable interventions to mobilize and deploy climate finance efficiently, accessibly, affordably, and equitably, unlocking opportunities to break the current impasse.　 It is an essential read for policymakers, financiers, and researchers seeking to explore how to overcome financial barriers and seize emerging opportunities in the rapidly evolving landscape of development and climate finance.

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9783111590288

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Mahmoud Mohieldin is UN Special Envoy on Financing Sustainable Development. He is a Professor of Economics at the Faculty of Economics and Political Science, Cairo University; nonresident Senior Fellow at Brookings Institution; visiting senior research scholar at Columbia Business School; fellow of the World Academy of Art and Science; the co-chair of the World Economic Forum’s Global Future Council on the Business of Economic Growth; and member in the Leadership Council of the UN Sustainable Development Solutions Network. He is currently leading a group of prominent experts appointed by the United Nations Secretary General to promote solutions for resolving the debt crisis. Mohieldin was the first Minister of Investment of Egypt (2004-2010) and served as Senior Vice President of the World Bank Group, Executive Director at the IMF, and was the UN Climate Change High Level Champion for COP27.

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