E3G is hosting a roundtable discussion on climate finance in the wake of COVID-19 during London Climate Action Week.
We are living through an unprecedented health and economic emergency. The International Monetary Fund (IMF) has confirmed that this has already turned into a global recession. The collapse of both supply and demand is leading to dramatically contracted national incomes. Economic uncertainty is likely to persist for a long time.
Multilateral Development Banks, the IMF, and bilateral development finance institutions have a critical role to play in responding to this crisis, in both the developed and the developing world.
The roundtable discussion will aim to create a new broader vision of what climate finance is and what essential mechanisms and initiatives could provide or spur the finance and investment needed for the climate transition in the context of COVID-19. The discussion will focus on the environmental side of ‘better recovery’, with the slow onset climate crisis as one of the many potential future shocks we need to protect ourselves from.
Please note this is an invitation only event. Contact Zach Malik for further information on registering.