UNLOCKING CLIMATE FINANCE TO BUILD RESILIENCE

We Mean Business calls for the fulfillment of the $100 billion annual climate finance pledge by developed countries and the implementation of the 'Road Map to $100 billion'. The organization emphasizes that while public finance is crucial for trust and predictability, the transition to a low-carbon economy requires trillions in investment, necessitating a shift in the financial system to leverage private capital through green bonds, Green Investment Banks, and enhanced corporate reporting.

• Developed countries must fulfill their commitment to jointly mobilize $100 billion per year in climate finance by 2020, a pledge originally made in Copenhagen.
• The 'Road Map to $100 billion' provides a projection of $67 billion in public climate finance for 2020 and indicates that public adaptation finance will double between 2013 and 2020.
• To mobilize the trillions in investment needed for a low-carbon economy, the financial system must be transformed through specific enabling policies, including common green bond standards, the use of Green Investment Banks, regulations requiring environmental accounting in business decisions, and harmonized corporate disclosure standards via the FSB Task Force on Climate-Related Financial Disclosures.
• The shift of private capital is further dependent on the rapid implementation of Nationally Determined Contributions (NDCs) through domestic legislation and the introduction of meaningful carbon pricing.

APA

Wei, D. (2016). UNLOCKING CLIMATE FINANCE TO BUILD RESILIENCE. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/unlocking-climate-finance-to-build-resilience/

Chicago

Wei, David. UNLOCKING CLIMATE FINANCE TO BUILD RESILIENCE. We Mean Business Coalition, 2016. https://www.wemeanbusinesscoalition.org/blog/unlocking-climate-finance-to-build-resilience/.

Wikipedia

{{cite press release |last1=Wei |first1=David |title=UNLOCKING CLIMATE FINANCE TO BUILD RESILIENCE |publisher=We Mean Business Coalition |date=5 November 2016 |url=https://www.wemeanbusinesscoalition.org/blog/unlocking-climate-finance-to-build-resilience/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{wei2016unlocking, author = {Wei, David}, title = {{UNLOCKING CLIMATE FINANCE TO BUILD RESILIENCE}}, publisher = {We Mean Business Coalition}, year = {2016}, month = nov, url = {https://www.wemeanbusinesscoalition.org/blog/unlocking-climate-finance-to-build-resilience/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }