This first edition of the event intended to build a common space between governments, businesses, banking and finance leaders to shape the next generation of climate finance and policy instruments, and unlock the trillions required for implementing global agreements addressing climate change.
1,501 attendees and 350 speakers from 82 countries exchanged on actionable solutions to channel the right funding and financing to support investments supply matching the demand and needs.
President Hamady spoke during the Finance Day (May, 24th), in the plenary session “Unlocking the next wave of investors”.
She reminded the audience and other speakers of
* Smart Financial Intermediaries, such as the use of municipal development funds, and
* Climate credit lines deployed by domestic commercial banks targeting local and regional governments; 2/ but also new partnership formats framing private investment for the financing of local sustainable development projects, via the multiplication of “fit-for-local-purpose” project preparation facilities, and domestic Hubs of Financial Expertise (FinHubs) for Subnational empowerment, action and implementation.
The city of Frankfurt will host next year’s Innovate4Climate in its second edition.
See the website of the Summit for outcomes and videos: