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Rebalancing Climate Finance Strategies for Resilient Adaptation and Mitigation (Invite only)

Wednesday, December 6, 2023
Rebalancing Climate Finance Strategies for Resilient Adaptation and Mitigation (Invite only)
2023 MEA Summit
2023 MEA Summit

Rebalancing Climate Finance Strategies for Resilient Adaptation and Mitigation (Invite only)

Wednesday, December 6, 2023
01:30 PM - 02:15 PM
Dubai

Study after study shows that the world will need at least US $90 trillion in new climate finance investment by 2050, expected losses from extreme weather could total many more trillions of dollars and millions of lost lives, and current decarbonization pathways and commitments are behind schedule. To meet these challenges, a new balance is needed in allocations of global climate finance investment between adaptation and mitigation. To ensure that private and international investment funding is available for long-term mitigation as new and promising decarbonization markets mature, it may be wise to think through re-balancing investment strategies toward frontline adaptation investment and co-benefit strategies that value GHGs and human and financial losses. This private session will bring together cross-sectoral innovators for a frank conversation of how adaptive investment strategies for both resilience and mitigation could work.