Achieving the goals set by the Paris Agreement, particularly limiting global warming to 1.5°C, requires significant scaling up of climate finance. Many countries, particularly in the Global South, face barriers in aligning their Nationally Determined Contributions (NDCs) with climate finance mechanisms. This side event aims to explore both the volume and impact of climate finance and how it can be delivered to enable meaningful progress toward 1.5°C-aligned NDCs. This discussion is critical to address the current gap between the financing available and what is needed to support low-carbon development pathways, as well as to explore innovative models like country platforms that can bridge this gap. By bringing together finance experts, policymakers, and thought leaders, this event will provide actionable insights into how countries can scale climate finance for better alignment with their NDCs and maximize impact.
Achieving the goals set by the Paris Agreement, particularly limiting global warming to 1.5°C, requires significant scaling up of climate finance. Many countries, particularly in the Global South, face barriers in aligning their Nationally Determined Contributions (NDCs) with climate finance mechanisms. This side event aims to explore both the volume and impact of climate finance and how it can be delivered to enable meaningful progress toward 1.5°C-aligned NDCs. This discussion is critical to address the current gap between the financing available and what is needed to support low-carbon development pathways, as well as to explore innovative models like country platforms that can bridge this gap. By bringing together finance experts, policymakers, and thought leaders, this event will provide actionable insights into how countries can scale climate finance for better alignment with their NDCs and maximize impact.