{"id":7706,"date":"2023-10-04T09:29:44","date_gmt":"2023-10-04T07:29:44","guid":{"rendered":"https:\/\/www.co2news.sk\/?p=7706"},"modified":"2023-10-04T09:29:44","modified_gmt":"2023-10-04T07:29:44","slug":"developing-economies-need-much-more-private-financing-for-climate-change","status":"publish","type":"post","link":"https:\/\/www.co2news.sk\/en\/2023\/10\/04\/developing-economies-need-much-more-private-financing-for-climate-change\/","title":{"rendered":"Developing economies need much more private financing for climate change"},"content":{"rendered":"<p><span>Achieving the transition to net zero\u00a0<\/span><a name=\"_Hlk146203005\"><\/a><span>emissions\u00a0<\/span><span> by 2050 requires significant investments in climate change mitigation in emerging markets and developing economies, which currently emit around two-thirds of greenhouse gases.\u00a0<\/span><span>According to the International Energy Agency<\/span><span>\u00a0These countries will need around $2 trillion a year by 2030 to achieve this ambitious goal, with most of this funding going to the energy industry. This is a fivefold increase from the current $400 billion in climate investment planned over the next seven years. <\/span><span>However, we expect public investment growth to be limited, and therefore the private sector will need to make a significant contribution to the large climate investment needs of emerging markets and developing economies. The private sector will need to provide around 80 percent of the required investment, rising to 90 percent if we exclude China, as suggested in\u00a0<\/span><span>analytical chapter of our latest Global Financial Stability Report<\/span><span> . (<em>Prasad Ananthakrishnan, Torsten Ehlers, Charlotte Gardes-Landolfini, Fabio Natalucci)<\/em><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Achieving net-zero emissions by 2050 requires significant investments in climate change mitigation in emerging markets and developing economies, which currently emit around two-thirds of greenhouse gases. According to the International Energy Agency, these countries will need around $2 trillion a year by 2030 to achieve this ambitious goal, with most of this funding [\u2026]<\/p>","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-7706","post","type-post","status-publish","format-standard","hentry","category-klimaticka-zmena"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/7706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/comments?post=7706"}],"version-history":[{"count":0,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/7706\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/media?parent=7706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/categories?post=7706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/tags?post=7706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}