september, 2018

13sep5:30 pm7:30 pmInnovation in Mobilizing Capital for NDCs low-carbon and resilient pathways at the City Level5:30 pm - 7:30 pm Bloomberg Event Organized By: Inter-American Development Bank (IDB), Agence Française de Développement (AFD), Climate Policy Initiative (CPI), and the Global Innovation Lab for Climate Finance Event Type:Finance/InvestmentAudience:Invite Only

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Event Details

Developing countries must increase their infrastructure investments from the current regional average of 3 to 5 percent of Gross Domestic Product to remain internationally competitive. The Paris commitments, in addition, require that such investments be sustainable, in an effort to keep global temperature rise to well below 2ºC above pre-industrial levels by the end of the century. Access to climate finance and related resources by countries can be very complex. Innovative solutions that can unlock investments, especially from the private sector or create an enabling environment, will be crucial to achieving climate and sustainable development goals.

Cities are making a big impact in implementing their climate commitments by acting locally and governments at all levels have been drivers of climate action for years.

This event will consider approaches towards mobilizing public and private investments for the implementation of countries’ Sustainable Development Goals and the Nationally Determined Contributions to the Paris Agreement, as well as longer-term low-carbon and climate resilient pathways. It will begin with a panel of high-level experts, representing development finance institutions, government, and the private sector who will share their insights on the barriers and opportunities in mobilizing investment at the city level.

The second part of the event will explore emerging innovative solutions to unlock investment at the city level, including solutions incubated by the Global Innovation Lab for Climate Finance. Several Lab entrepreneurs will be matched with real investors for a short series of interviews on their enterprises to unlock investment for city-level climate action. This will be followed by a reception for all attendees to network and learn more about on-the-ground solutions.

Time

(Thursday) 5:30 pm - 7:30 pm

Location

Bloomberg

Pier 3, The Embarcadero #101, San Francisco, CA 94109

Organizer

Inter-American Development Bank (IDB), Agence Française de Développement (AFD), Climate Policy Initiative (CPI), and the Global Innovation Lab for Climate Financecatalinaa@iadb.org, Elysha.Davila@cpisf.org

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