Climate finance should be integrated into projects across the development sector, rather than existing in a silo, speakers at a Devex event held on the sidelines of the 27th United Nations Climate Change Conference said last week.
The audience at Devex @ COP 27 heard that increasingly, some of the largest donors are having success integrating climate into all of their funding. But there is still more work to be done to make sure that climate is considered often enough and early enough.
Speaking during a session on integrating climate solutions across silos, Eric Reading, chief climate officer at Abt Associates, said that he had seen an explosion of interest among clients such as the United States and Australian governments, including much more interest in integrating climate across the whole portfolio.