The Trillion Dollar Question: What is it going to take to close the climate finance gap?

  • Kean Ng, Senior Investment Officer, responsAbility
  • Fay Chetnakarnkul, Regional Director (Asia), Norfund
  • Valery Tubbax, Managing Director, Investments, Pentagreen Capital
  • Nishant Kumar, Managing Director, Asia, GuarantCo, Head of Asia Coverage, PIDG
  • Michelle Teo, Managing Editor, DealStreetAsia [Moderator]

Investments in climate mitigation and adaptation solutions are lagging, with global estimates ranging between $2 trillion and $7 trillion from now till 2035. In emerging Asia, which will be hit hard by the effects of climate change, that figure stands at around $1 trillion. After a couple of lacklustre years, what is the outlook for climate funds? What will drive capital flows? What is the role of LPs and fund managers? How far does blended finance go? Where are the underfunded opportunities?