
New York Climate Week Recap
Istanbul, Türkiye | October 2024
Speaker at Ali Çağatay’s live program at EKOTÜRK to share the highlights from NYC Climate Week from:
▪️The events attended: The New York Times, The Wall Street Journal, The Nest Climate Campus, World Climate Foundation, We Don’t Have Time, Financial Times, LSEG (London Stock Exchange Group), Goldman Sachs, and family office events.
▪️The events organized.
▪️Unlocking Private Capital: Innovative financing mechanisms, such as green bonds and blended finance, are required to de-risk investments and attract private capital.
▪️Policy and Political Leadership: While finance and technology are crucial, strong policy support and political will are essential for accelerating the transition to a low-carbon economy.
▪️Transparency and Disclosure: There is a critical need for robust climate data and disclosure for investors’ decision-making and companies’ accountability.
▪️Just Transition: Ensuring a just and equitable transition to a low-carbon economy is critical.
Key themes for investment are:
▪️Nature-Based Solutions: Climate Week NYC 2024 highlighted the growing recognition of nature’s role in addressing climate change and the need for increased investment and robust standards in NBS.
▪️Scaling Finance for Impact: The need to scale up financing for NBS to achieve meaningful climate and biodiversity impacts was a key takeaway. Blended finance structures can be used to de-risk NBS investments and attract private capital.