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Empowering the Global South: Inclusive Climate Finance


Rob Bradley, Managing Director, EY Americas
Angela Churie-Kallhauge, Executive Vice President, Impact, Environmental Defense Fund
Dr. Al-Hamndou Dorsouma, Acting Director, Climate Change and Green Growth, African Development Bank
Racquel Moses, CEO, Caribbean Climate-Smart Accelerator
Gisele Saralegui, Global Climate Head, PPP and Corporate Finance Advisory, World Bank Group


with Principal Programming Partner

zayed sustainability prize logo 674x768 - Empowering the Global South: Inclusive Climate Finance

“One of the central challenges that we hear about again and again is that the scale of public finance being delivered is not going to be at the level needed to achieve the enormous transformation that we need.”

– Rob Bradley

“Climate is no longer a challenge. We see it as a business.”

– Dr. Al-Hamndou Dorsouma

“For many of the people who attended the Africa Climate Summit a couple of weeks ago, it became very clear that there is a strong political will and political momentum to support the use of markets.”

– Angela Churie-Kallhauge

“We have a power imbalance. So I think the whole thing boils down to equity. We need to have climate justice and equity.”

– Racquel Moses

“Our whole mission is centered around poverty, alleviation, shared prosperity, and a sustainable planet. So we very much have that at the forefront of our mind in all the work that we do.”

– Gisele Saralegui

Key takeaways & next steps:

  • Directing climate finance to vulnerable communities is vital for enabling them to adapt and thrive amid environmental challenges.
  • Mobilizing private capital for climate finance is a significant challenge in Africa, requiring efforts to enhance project viability, create a favorable investment climate, and combine public and private resources. Carbon markets hold potential but require addressing pricing disparities and building capacity, particularly in the African context.
  • Developing the skills and capabilities to handle climate finance is vital, particularly in regions with fewer resources. It’s essential to empower communities and address disparities in negotiations.
  • Ensuring fairness in climate finance involves transparency, clear data, and creative solutions like carbon markets. Additionally, tapping into domestic resources and meeting adaptation financing targets is critical.