Please join the Center on Global Energy Policy and the United States International Development Finance Corporation (DFC)

Rich nations are falling short on their promises to deliver US$100 billion a year in climate finance to less wealthy countries. According to the International Finance Corporation (IFC), the financing gap for climate in developing economies amounts to $23 trillion between now and 2030—or roughly $1.5 trillion per year.

While major U.S. government-wide and DFC-specific financial commitments are a crucial part of the puzzle, tackling the climate finance challenge will require mobilizing enough private capital in emerging markets to tackle both mitigation and adaptation.

Investment needs overshadow public budgets globally (OECD nations are likely to raise $100 billion for developing economies this year). With the financial tools to mobilize capital at scale, DFC, strengthened by its new mandate as a successor to OPIC, is endeavoring to do more to unlock private capital. DFC is thus keen to strengthen the market’s understanding of its role in de-risking investment.

Please join the Center on Global Energy Policy and the United States International Development Finance Corporation (DFC) for a private roundtable exploring actionable ideas for U.S. capital providers--public, private, and philanthropic--to further mobilize climate finance for emerging markets in the critical period from 2022 to 2025.