Establishing a new framework for international climate finance

Vera Songwe, a non-resident senior fellow in the Africa Growth Initiative at the Brookings Institution and co-chair of the Independent High-Level Expert Group on Climate Finance, joins Katerina Atkins, programme coordinator at OMFIF’s Sustainable Policy Institute, to explore the key outcomes and challenges from the COP28 climate summit. They discuss the agreement to transition away from fossil fuels, the conclusion of the first global stocktake, the loss and damage fund, as well as the financial needs and innovative financing mechanisms to address climate change.