Climate Change: Private Finance Initiative

(asked on 20th July 2022) - View Source

Question

To ask the President of COP26, what recent assessment he has made of the potential role of private finance in delivering COP26 objectives.


Answered by
Alok Sharma Portrait
Alok Sharma
COP26 President (Cabinet Office)
This question was answered on 20th July 2022

Action from private finance will be vital in helping to deliver many of the commitments made by countries and companies at COP26.

For example, the Glasgow Financial Alliance for Net Zero, representing over 130 trillion dollars, will have a key role to play in mobilising capital to support green projects in emerging economies.

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