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Transition finance: what is it and why is it needed?

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Modern skyscrapers windows reflecting lush green forest. Photo by Melinda Nagy on Adobe Photo Stock.

E3G’s Kate Levick speaks to Robin Allison Davis on the OECD podcast, discussing transition finance – what it is, why it is needed and what the key challenges are.

Global environmental emergencies, such as climate change, call for us to put our money where our mouth is. An increasing number of governments, companies and financial institutions have committed to reaching net zero emissions by 2050. Is that enough to help us meet the goal of the Paris Agreement of limiting the average global temperature increase to 1.5 °C? If not, what more can be done to bridge this gap? That’s where transition finance steps in. Transition finance will be one of the key topics of discussion at the upcoming OECD Forum on Green Finance and Investment (5-7 October 2022).

Listen to the recording here:

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