To achieve global climate goals, a shift to renewable energy and green technologies is essential. However, developing economies face challenges with securing funding. With limited fiscal space and low financial development, foreign direct investment and lending are crucial. This high-level panel (IMF, WBG, EIB, Masdar & FT) discusses:
• Market reforms and financial sector policies to attract financing
• The impact of climate policies on FDI in low-carbon technologies and the conditions needed to attract it
• How domestic policies can enhance government revenue to support renewable energy
• Impact of public-private partnerships, blended finance structures, and international cooperation

Source : World Bank