Financing countries’ climate and sustainable development commitments will require global investment on an unprecedented scale. IFC estimates cumulative climate investment potential of $29.4 trillion across six key sectors in emerging market cities through 2030. These sectors include waste, renewable energy, public transportation, climate-smart water, electric vehicles, and green buildings.2 Institutional investors, multinational corporations, and financial institutions are mainstreaming environmental concerns into their investment strategies and business activities. Debt capital markets are crucial sources of long term funding to help close financing gaps and mobilize capital for sustainable development.
Yerlan SYZDYKOV, Jean-Pierre LACOMBE