Zero
Did We Get Climate Finance All Wrong?
This week on Zero, Lisa Sachs argues that the current way of doing climate finance does not work for reducing emissions.
A firefighter at the scene of a wildfire in Dionysos, Greece, on Monday, Aug. 12, 2024.
Photographer: Nick Paleologos/BloombergFor the last decade, since the Paris Agreement was signed, governments have been trying to nudge big financial players to move more money into climate solutions.
The idea was to drive action through data disclosure and net-zero goals, but that hasn’t yielded the results they hoped for. Have we got our approach to climate finance wrong? Lisa Sachs, director of Columbia University’s Center on Sustainable Investment, makes the case this week on the Zero podcast.