Senior Director, IMCA, World Climate Foundation, Chairman of the Board Sustain, Vicechair Concito, Board Member Kapitalforeningen SDG Invest, ESG, Sustainable Finance, Stanford GSB Alumni, CBS Faculty, Lawyer (L), EGN
It’s Time #NYCW has come to an end and I am reflecting on a week full of intense talks, insights, round tables and get togethers before I embark on my journey home. This year’s headline It’s Time sums it up - It’s Time! Not just to listen but also to act. The Investment Mobilisation Collaboration Alliance (IMCA), a unique public-private partnership between the US and the Nordic countries launched at COP28 last year, is very much about action: through blended finance vehicles that mitigate the risk for private investors, IMCA aims to scale up and accelerate private investments in emerging markets that are in dire need of capital for climate projects. In order to get a better understanding of the view of US asset owners, I met with two mayor US pension funds that made it clear to me that blended finance in itself is not always enough to de-risk investments and attract private capital - but it’s a first step and there was definitely interest to learn more. Looking forward to continuing the conversation at COP29 in Baku. On a personal note I was happy to note how high biodiversity has moved on the agenda - here Brazils first Minister of State for Indigenous Peoples Ms Sonia Guajajara who emphasised the interlink between climate and biodiversity at the #WorldBiodiversitySummit.
Climate Tech Marketer | Digital Marketing Specialist for Climate Tech | Empowering Sustainable Brands with Innovative Marketing Strategies | Certified DigitalMarketer Partner | Passionate Long-Distance Runner ????
2 个月Biodiversity interlinks crucially with climate action. Proactive alliances like IMCA have potential if complemented by pragmatic risk mitigation strategies. Continued dialogue remains pivotal.