Financing Our Net Zero Future: The Next Frontier

Finance is a critical enabler to accelerate the world’s transition to a net-zero future. By some estimates, getting the world to net zero by 2050 will require over US$9 trillion of investment a year, but today, that number stands at just US$5.7 trillion. We will need unprecedented amounts of capital, innovative financing solutions and radical collaboration across the ecosystem.

Yet the current climate financing landscape, while valuable in some respects, is inherently flawed and insufficient to tackle the enormity of the climate crisis. Limited funding, bureaucratic complexities, and the dominance of short-term interests often obstruct meaningful progress.

In this session, we seek to answer the following questions:

• How can we foster systemic change, enabling nations and businesses to move away from fossil fuels and embrace green, sustainable technologies?
  
• What are the novel and disruptive financing models that can help scale the dollars that are starting to pour into sustainable solutions?
• How do carbon pricing mechanisms and public-private partnerships play a role, and what are the potential risks and rewards of these approaches?

This session is part of The Hub Live programme at Climate Week NYC, taking place on 17-24 September. 

Hosted annually by Climate Group  in partnership with the United Nations General Assembly and the City of New York, Climate Week NYC is a global platform for all voices working to protect the planet and its people. The platform brings together world leaders, businesses, and civil society every year to showcase ambitious climate action and innovative solutions that are delivering on net zero commitments. 

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