With the Fourth International Conference on Financing for Development in Sevilla just around the corner, a familiar question is back on the agenda: Where will the money come from — and how do we make it flow where it’s needed most?
Nearly a decade after the “billions to trillions” pledge was made in Addis Ababa, the gap between available capital and real investment in the global south remains stark. With climate needs growing and traditional aid budgets under pressure, hopes are high that Sevilla will offer more than a new slogan — and point to real, workable solutions.
That was the backdrop for a recent Devex conversation between Devex President and Editor-in-Chief Raj Kumar and Ahmed Saeed, CEO of Allied Climate Partners — a philanthropy-backed investor focused on accelerating climate finance in emerging markets.