Climate Policy Initiative experts will host and present at several events during the 2024 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG).

All times below are EST

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International Sustainable Finance Architecture: Keeping the Momentum and Ambition for Delivery Between COPs

Tuesday, October 22

CPI Global Managing Director Barbara Buchner will participate in this event, hosted by the COP28 Climate Finance team, that will bring together key stakeholders across Governments, IFIs, and the private sector to:

• Build momentum towards COP29 delivery and announcements on sustainable finance
• Explore the deliverables of Brazil’s G20 Presidency on sustainable finance
• Demonstrate continuity on sustainable finance agenda across COPs and G20
• Identify main areas of focus for further multi-stakeholder meetings in this format
  

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Jumpstarting Private Climate Finance: Fulfilling the Emerging Markets Promise

Thursday, October 23

As COP29 approaches, climate negotiations are facing the pressing challenge of defining the New Collective Quantified Goal (NCQG), a financial target that will replace the longstanding $100-billion-per-year commitment developed countries made to support climate action in developing and emerging markets. Even with a more ambitious NCQG defined, emerging economies need a fivefold increase from current investment levels to reach net-zero: public funds alone cannot bridge this gap. A major scale-up in private climate finance is necessary.

The session, hosted by the World Economic Forum, will explore the connection between the NCQG and the NDCs, to determine how policymakers can enact strategic policy programs to create an enabling environment for private investments and incentivize the participation of private financiers.

CPI Global Managing Director Barbara Buchner will participate in this event.

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Mobilizing Aggregated Purchasing Power for Climate-Neutral Cities

Thursday, October 23

Hosted by the Sweden-US Green Transition Initiative and the Swedish innovation program Viable Cities, this dialogue will explore whether and how aggregated purchasing power can become a vital tool in fulfilling commitments to climate-neutral and smart cities. Participants will discuss how coordinated public and private purchasing in critical sectors can significantly reduce carbon emissions and how local governments can lead these efforts.

CPI Senior Program Associate John Michael LaSalle will participate in this event.

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Acceleration Dialogue: Strengthening Domestic Financial Resource Mobilization and Attracting Patient International Capital in Emerging and Developing Economies

Friday, October 25

Germany’s Federal Ministry of Economic Cooperation and Development (BMZ) has initiated the High-Level Friends Group Private Climate Finance for Development. The group’s objective is to foster an informal, high-level dialogue and network to facilitate the mobilization of private capital for climate action. This involves identifying key solutions to scale up private sector investments, discussing effective political and financial instruments, and sharing best practices among policymakers, development finance institutions, think tanks, and private investors from the Global North and South.

CPI Global Managing Director Barbara Buchner will moderate this event.

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