Updated: Jan 26, 2021
During the second week of COP25, CCAP is supporting two events hosted by the COP25 Chilean Presidency for Green Finance Day:
The Role of Public Finance for Climate Action in Context of a New Climate Finance Goal
Date: Monday, December 9, 2019
Time: 8:45- 10:15 am
Context: Limiting global warming to the 1.5 degrees target and achieving the long-term adaptation and resilience goal in the Paris Agreement require urgent action at scale. Substantial levels of investment will be needed over the next two decades. There are immediate needs for new resources to fund ambitious action to curb emissions and adapt to locked-in climate change. The Global Commission on Adaptation, for instance, warns that adapting now is in our strong economic self-interest. In its 2019 report, the Commission found that investing $1.8 trillion globally in five areas from 2020 to 2030 could generate $7.1 trillion in total net benefits.
Objective: Share the views o