Mobilizing Private Capital for Climate Action
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Mobilizing Private Capital for Climate Action

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COP 29—the UN Climate Change Conference held in Baku, Azerbaijan in November 2024—ended in frustration for some regarding public finance for climate action. However, the finalization of a deal on carbon markets is expected to stimulate private financing. This publication highlights the key aspects of where the global energy transition is headed, with businesses playing a central role in driving action across several crucial areas.

COP 29—the UN Climate Change Conference held in Baku, Azerbaijan in November 2024—ended in frustration for some regarding public finance for climate action. However, the finalization of a deal on carbon markets is expected to stimulate private financing. This publication highlights the key aspects of where the global energy transition is headed, with businesses playing a central role in driving action across several crucial areas.

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