Briefings, Reports

Financing climate partnerships

G7 solidarity and infrastructure investment

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Solar farm in Karoo, South Africa. Photo by Francois via Adobe.
Solar farm in Karoo, South Africa. Photo by Francois via Adobe.

The window of opportunity for keeping 1.5C within reach is closing. In 2022, the test will be whether emerging economies in particular are able to shift from heavily fossil-dependent development to low-carbon and climate-resilient development pathways. Yet the capacity of low- and middle-income countries to attract at-scale investment for a just transition is limited.

There is growing interest in South Africa-style Just Energy Transition Partnerships – particularly amongst G7 members. To scale up these sorts of partnerships in 2022 and beyond will require enabling the financial architecture that can free up the trillions needed – for South Africa-style deals and keeping 1.5C in reach.

This paper explores actions the G7 can take to unlock finance for climate partnerships.

Read the briefing in full.

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