Blog
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Global Director of the Infrastructure Finance, PPPs & Guarantees Group, World Bank
Feb 8, 2023
After spending two weeks at COP27, something that struck me is the triad of urgent needs: supporting the transition to net-zero economies, protecting emerging and developing economies from mounting and increasingly severe climate risks, and promoting universal access to basic services for millions of households around the globe that are left behind.
Low-carbon, climate-smart infrastructure is critical to achieving these goals, but the financing gap to make this a reality ranges in the trillions. Annually.
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