State of Play: Unpacking the climate finance landscape

The success of the upcoming COP 29 in Baku will depend on countries agreeing on a new climate finance target (NCQG) for mitigation, adaptation, and loss and damage. According to UNFCCC, climate finance refers to local, national or transnational financing—drawn from public, private, and alternative sources of financing—that seeks to support mitigation and adaptation actions that will address climate change. The volume of climate finance needs to increase significantly, while also addressing quality concerns.

This webinar—the first in a series of four—aims to build awareness around climate finance, its size, and nature in the run up to the deliberations at COP 29 in November, particularly as it is viewed by the Global South. The speakers will dive into the current state of climate finance and explore the existing barriers to scaling climate finance.

This will set the context for subsequent webinars on the new collective quantified goal on climate finance, governance, and different mechanisms for mobilizing climate finance.

Agenda

Welcome

Setting the Context

Runa Sarkar, Professor, IIM Calcutta

Keynote Speaker

Abhishek Acharya, Director, Ministry of Environment, Forests and Climate Change

Panel Discussion

Dhruba Purakayastha, Director for Growth and Institutional Advancement, Council on Energy, Environment and Water (CEEW)

Dipak Dasgupta, Distinguished Fellow, The Energy and Resources Institute

Vijay Mahajan, Director, Rajiv Gandhi Institute for Contemporary Studies

Sehr Raheja, Program Officer, Centre for Science and Environment

Q&A

Closing Remarks

Mritiunjoy Mohanty, Professor, Indian Institute of Management Calcutta