Citi GPS Report Outlines How to Mobilize Climate and Development Finance during COP28
Second GPS Report Highlights Global Challenges from Food Security, Water Scarcity and Climate
Dubai, UAE – As the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28) begins in Dubai, Citi Global Perspectives and Solutions (GPS) will publish two reports titled ‘Unlocking Climate and Development Finance: Creating Bankable Projects’ and ‘Food, Water, Climate Nexus.’
The first report looks at how to increase the flow of money into the geographies, industries, and projects where it can make a difference while generating a suitable risk-adjusted return. Traditionally, the explanation for the insufficient mobilization of finance has been the mismatch between the risk appetite of the capital and the risk profile of the projects. While facilitating capital flows is well understood, more bankable and investable projects are needed.
Continue reading Citi GPS Report Outlines How to Mobilize Climate and Development Finance during COP28
UAE News 24/7 