The OECD estimates that USD 6.9 trillion is required globally each year to 2030 to make infrastructure climate-compatible. For developing countries that need to increase infrastructure access and quality, this requires scaling up and shifting public and private capital towards climate-compatible alternatives. National development banks (NDBs) and development finance institutions are poised to play a role in scaling up investment for climate-compatible infrastructure. What are the key advantages for these institutions in supporting the Paris Agreement? How can governments and the international climate finance community fully enable this potential? Join Anthony Cox of the OECD Environment Directorate, along with Özlem Taskin and Jens Sedemund of the OECD Development Co-operation Directorate, this Friday 22 November at 16:00 / 10:00 EST to discuss key insights from recent work under the Financing Climate Futures initiative on the role of NDBs in scaling up climate-compatible infrastructure with case studies on Brazil and South Africa. Duration: 1 hour (Presentation of 20-30 minutes followed by Q&A).
DATE: November 22, 2019ORGANIZERS: