About this Event
Featuring: Metabolic, Climate-KIC, IIED
Session Description:
A decarbonized global economy requires a sustainable pace of unprecedented investment. Financial institutions are committing capital to financing sustainability by 2030: Goldman $750B, Citigroup $1T, and Barclay’s $1T. And this is just investment banks. Private equity, insurance, venture, philanthropy, and the public sector are forging ahead, investing $1.8T in 2023. Although there’s been rapid growth, we are still far short of $4.5T per year needed to stay within a 1.5°C pathway consistent with the Paris Agreement (IEA 2023).
Join us at The Missing Trillions event at the 2024 New York Climate Week, for a structured exploration of systemic risks, barriers and opportunities in climate finance.
In the final event of this year-long series, we will share insights on emerging, high-leverage, yet currently largely overlooked approaches to addressing the acute climate finance gap.
We will deep dive into 4 promising solutions with expert practitioners to identify new pathways for collaboration and scale. Participants will be invited to share promising initiatives they are working on and make calls for collaborations.
Over the past year, The Missing Trillions has been exploring overlooked leverage points that can accelerate the climate finance gap. During this time, it has developed a process and convened working groups to identify high-leverage investments interventions at the intersection of systems thinking and transition finance. Our methodology uses systems thinking to develop actionable strategies that resonate with a broad spectrum of capital: public, private, and philanthropic.
Our insights to date will be opened to the public for critical feedback, partnership development, and implementation pathways ahead of this New York Climate Week event.
About The Missing Trillions Initiative
The Missing Trillions is an initiative aimed at driving systemic risks and opportunities in climate finance. The key moments, punctuated by working groups, lays the groundwork for action through a series of engagement events, community development, content development, and intervention delivery. Through a series of events at NY Climate Week, COP29 in Dubai, and WEF at Davos, and aligned with the efforts of UN High-Level Climate Champions and the Climate Change Capital Mobilization Accelerator, The Missing Trillions is designed as a laboratory to discover and prioritize systemic intervention that unlock enabling conditions for systemic change.
About the Systemic Climate Action Collaborative
The Systemic Climate Action Collaborative is a groundbreaking initiative uniting 15 diverse partners working across six continents, with a cumulative global track record of over 250 years. We are bringing together leading foundations, philanthropists, corporations, public institutions, and more. We are determined to create a paradigm shift, moving beyond siloed climate efforts ensuring that the scale and coordination of our action meets the urgency and pervasiveness of the crisis by aligning our ambitions, coordinating our efforts, exchanging learnings and information, and pooling resources.
For more information, please visit https://www.thecollaborative.world/
Event Venue & Nearby Stays
Civic Hall, 124 East 14th Street, New York, United States
USD 0.00