Mobilizing to combat climate change: countries, international financial institutions and the private sector unite to implement the Paris Agreement
16.11.2024 18:59:51 2475
Today, on the sidelines of SOR29, the Ministry of Ecology and Natural Resources of the Republic of Kazakhstan, together with the European Bank for Reconstruction and Development (EBRD) and the Organization for Economic Cooperation and Development (OECD), held a high-level thematic session on the topic: "Mobilizing to combat climate change: countries, international financial institutions and the private sector unite to implement the Paris Agreement."
The event brought together representatives of ministries, international development banks and the private sector to discuss ways to accelerate climate finance in developing countries.
Accelerating the mobilization of climate finance to achieve the goals of the Paris Agreement is a central topic of discussion. The session was attended by E. Nysanbayev – Minister of Ecology and Natural Resources, Z. Suleimenova – Presidential Adviser – Special Representative of the President on International Environmental Cooperation, G. Boyd-Carpenter – Managing Director for Climate Strategy and Implementation of the EBRD, R. Al-Mashat – Minister of Planning, Economic Development and International Cooperation of Egypt, N. Arpadarai – High–ranking UN Representative on Climate Change at SOR29, T. Gbadegesin – CEO of Climate Investment Funds, M. Schepers – CEO of ILX Management BV, D. Tyndall - Director of Environmental Affairs of the OECD, who discussed the experience and strategies of states, multilateral development banks (MDBs) and the private sector in overcoming barriers to investment in measures to combat climate change, especially in developing countries and economies.
In his speech, Minister of Ecology and Natural Resources of the Republic of Kazakhstan E. Nysanbayev noted that transitional financing is important for the climate transition in countries such as Kazakhstan. Synergies between countries, international development banks and the private sector are crucial. Multilateral development banks and international organizations can act as catalysts for change, ensuring that climate finance reaches those who need it most, especially in developing countries. He also called on financial institutions to cooperate within the framework of the Regional Climate Summit 2026.

Source : https://www.gov.kz/memleket/entities/ecogeo/press/news/details/884181