The Climate Entrepreneurs' Journey to Investment: Successful Strategies for Directing Climate Finance to Businesses in Emerging Economies
Small and Medium-sized Enterprises (SMEs) play a pivotal role in driving change, constituting approximately 90% of all businesses. Particularly in emerging markets, they are responsible for generating 7 out of every 10 jobs. It is imperative to acknowledge that achieving global climate targets is contingent on mobilizing financial resources for SMEs. Access to finance remains a critical impediment to the growth and development of SMEs.
This session aims to share insights between start-ups, policymakers, and investors, on the successes and challenges climate entrepreneurs face on their journey to scale. The objective is to explore strategies for directing climate finance toward climate-focused enterprises in low- and middle-income countries as they transition toward a net-zero economy.
During the session, we will highlight an early-stage climate business, delve into the challenges entrepreneurs encounter, and showcase examples of a successful multi-stakeholder cross-country collaboration aimed at nurturing an investment-ready and financially viable climate enterprise. The conversation will use the example of one partnership to have a broader discussion around climate finance. The session will highlight how public-private collaboration represents opportunities for North-South partnerships that can significantly contribute to achieving the objectives of the Paris Agreement and the Sustainable Development Goals (SDGs).
Speakers:
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Ole Thonke, Undersecretary for Development Policy, Ministry of Foreign Affairs, Denmark
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Robyn McGuckin, Executive Director, P4G
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Melanie Robinson, Global Climate Program Director, World Resources institute
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Khalid Duri, CEO, Africa Bamboo
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Lilian Macharia, Director for Division of Portfolio Management, Green Climate Fund
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Dr. Getahun Garedaw, Director General, Ethiopian Environmental Protection Authority
Projects
Partnering for Green Growth and the Global Goals 2030 (P4G)
Launch PlatformLaunch Platform Visit ProjectP4G helps early-stage climate businesses implementing solutions across food, water and energy systems to become investment ready.
Part of FinanceCOP28 Resource Hub
Visit ProjectThe UN’s 28th annual climate change conference (COP28) was held in Dubai, United Arab Emirates from November 30-December 12, 2023. WRI’s experts closely tracked the key issues at stake. Explore our Resource Hub to learn more about the negotiations, key outcomes and what must happen next.
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