As the climate crisis continues to unfold, the need for financing to support climate adaptation within climate-vulnerable markets across Africa, Asia, Latin America, and the Middle East will reach $330 billion by 2030. However, these emerging markets have only received a fraction of climate financing.
So what needs to happen for high-income countries to meet the growing capital gap for those most impacted by climate change?
There needs to be a generation-defining level of commitment, creativity, and collaboration from governments and the private sector to utilize and deploy the $330 billion required in intelligent and innovative ways.