13 November 2023 – CISL’s Centre for Sustainable Finance has published a new policy brief that dives deep into how the private sector can scale up finance for both climate and nature.
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About
The policy brief, developed by CISL’s Centre for Sustainable Finance (CSF), lists immediate asks of the upcoming COP28 and the actions that could lead to reform in the international financial architecture. As discussions at COP28 call for enhanced collaboration, financial reform and actionable climate commitments, the focus needs to be broadened to develop an enabling environment for scaling up private finance for both climate and nature financing at the global and country levels.
Expanding the scope of climate financing to intentionally co-design instruments to achieve nature-positive outcomes is not only an investment worth making for the future of our planet but also offers significant economic and social co-benefits. By mobilising public- and private-sector resources and deploying innovative financial instruments, we can bridge the financing gap for nature and create a sustainable and resilient future for all. Multi-lateral Development Banks, along with other international financial institutions, have a pivotal role to play in leading this transformative effort.
Citing this brief
CISL (2023). Everything, everywhere, all at once: how can private finance be unlocked for nature and climate in the international financial architecture?
