Facing the heat of climate inaction – how COP28 can accelerate deep green finance – Finance in Motion

COP28 will be seen as a missed opportunity if the role of local banks in emerging markets is not addressed as a crucial solution to scaling climate finance.

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... Local banks in emerging markets will play a crucial role in scaling climate finance. The banking sector’s unique reach, and ability to deliver private capital for climate investments, makes them central to successful climate action. To meet this challenge, forward-thinking banks must deep-green their business models. Finance in Motion provide comprehensive support to partner banks to integrate climate finance opportunities into their business models and strategies. This is vital in delivering the green investments that a Paris-aligned future so urgently needs.

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