Reflections from the First Week at COP26
- Vincent Diringer
- Nov 8, 2021
- 1 min read
Excerpt from ClimaTalk:
Finance Day: Wednesday 3 November 2021
The COP26 presidency identified finance as an important topic for the negotiations. To ensure the scale and speed of changes we need to meet the climate goals, both public and private finance need to be considered . Public finance is government-led, and is used to fund the development of infrastructure needed to transition to a greener and more climate-resilient economy. Private finance, derived from businesses, focuses on the funding of technology and innovation and to help turn billions of public money into trillions of climate investments.
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