Managing climate-related financial risk is a responsibility for governments and financial institutions. Yet, the rules that govern finance still enable high-risk coal and gas investments – costs that economies and communities ultimately bear. Meanwhile, renewable energy projects, especially in emerging economies, struggle to access affordable funding despite offering better long-term returns.
Redirecting capital at scale requires banks, insurers, and asset managers to reform how they assess climate risk and what they’re willing to fund. When finance reflects the real climate risk associated with fossil fuels, capital shifts – away from stranded assets, toward clean energy that creates long-term value.
We work to support these systemic shifts across regions, convening stakeholders, contributing analysis, and building capacity where it can unlock broader change.