SDG Action reposted this
Our CEO Rory Sullivan has written an article for SDG Action arguing that scaling up private climate finance requires governments and agencies to fully understand the financial characteristics of the activities and entities that need to be supported. He pays particular attention to emerging markets and to adaptation, the two areas that are most poorly served by private finance. "However, the reality is that most adaptation measures are not that attractive to private investment. While there are often clear economic or societal reasons to support such investments, it is often the case that relatively few of the benefits from adaptation finance accrue directly to the entity providing the investment. Even if there are private benefits, these are often long term. " https://lnkd.in/eQTq8dVP
Laura Hillis, Paul Smith, Robert Black, Adam Matthews, James Corah, Dan Gardiner, Inez Oliver, David Russell, Ian Woods, Brendan Mannix, Ronan Palmer, Elodie Feller