How to pay for the developing world’s fight against climate change

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If the COP 26 conference on climate, which concludes this week in Glasgow, has had a consistent theme, it has been trying to agree how much funding the developing world needs from the rich one to combat the most severe consequences of climate change, and how to make sure that funding  gets there.

In this week’s podcast we examine some of the smart and innovative ways capital markets can help bring about climate adaptation in the developing world, and how institutions like development banks can help to mobilise the billions — perhaps trillions — of dollars necessary to prevent a global catastrophe from both public and private purses. 

Like some kind of location scout for a Bond film, we start in the coral reefs of Belize and move to Washington DC’s corridors of global power before considering which other exotic but threatened countries can benefit from global capital flows looking to have a positive impact on the developing world and climate change.