COP29 Explainer: Why we can’t rely on the private sector to finance the energy transition
Our new analysis shows many governments and finance models overstate the role the private sector can play in financing a just energy transition. This is coming to a head with the deadline for a new climate finance goal (NCQG) at COP29, where rich countries are using this outdated myth to try to get off the hook to pay their fair share for climate action.
