Private Capital and Climate Challenges with Rakan Aboneaaj – ADEL 2023

January 16, 2023

In recent years, and in light of the mounting challenges associated with the effects of climate change on communities worldwide, discussions have ramped up on the necessity to crowd in private money to meet the sustainable development goals (SDGs) and mitigate environmental challenges to livelihoods. In this discussion, Rakan Aboneaaj, Research Associate at the Center for Global Development and member of the ADEL 2023 cohort, highlights the main stakes of the mobilization of private capital to that effect.

RELATED CONTENT

  • June 28, 2024
    Les zones humides en Afrique sont des écosystèmes uniques et vitaux qui offrent une multitude de services écologiques, économiques et sociaux. Elles abritent une biodiversité contribuant ...
  • Authors
    June 27, 2024
    The earth’s average surface temperature in May 2024 was higher than any other May on record, marking the twelfth consecutive such record-breaking month. According to the European Union’s Copernicus Climate Change Service, May’s temperature was 1.52 degrees Celsius above the pre-industrial average, while temperatures over the past twelve months have averaged 1.63°C above (Figure 1). Global sea surface temperatures have also set records over the past fourteen months.   Consider the e ...
  • June 26, 2024
    La COP28, qui s'est tenue à Dubaï en décembre 2023, a réaffirmé la nécessité d'une action urgente pour lutter contre le changement climatique et limiter le réchauffement climatique à 1,5 degré Celsius. L'accord de la COP28, appelant à une suppression progressive des énergies fossiles, p...
  • Authors
    Mannat Jaspal
    June 11, 2024
    Carbon trading have long been touted as a silver bullet to channelise climate finance to African countries lacking the capital to support climate mitigation and adaptation efforts. The erstwhile ‘Kyoto Protocol’ and its successor ‘The Paris Agreement’, though much more comprehensive and wider in scope, both recognize the importance of carbon trading (a form of carbon pricing) in combatting climate change, and in the Paris Agreement the same is enshrined under Article 6 and its sub-c ...
  • Authors
    May 9, 2024
    It all began in 1924, when the World Energy Council (WEC) was established in order to harness the collective expertise of the global energy community and translate vision into tangible outcomes. In April 2024, the city of Rotterdam hosted the 26th Congress of the World Energy Council, whose theme was “Redesigning Energy for Better Lives and a Healthy Planet”.  It is not about a single energy transition, but rather many energy transitions. The concept of energy transition is not ...
  • Authors
    March 19, 2024
    Par rapport aux intérêts des générations des années cinquante, soixante et soixante-dix (dont je fais partie), la question de l’environnement n’est venue se greffer dans les préoccupations des acteurs, leurs réflexions et programmes d’action, que tardivement. Il faudra encore quelque temps pour mûrir les éléments de cette problématique relativement nouvelle. Toutefois, dès le départ on est partagé entre deux visions : d’une part, une approche qui considère la protection de l’envir ...
  • Authors
    February 7, 2024
    The energy landscape in 2024 is at a crossroads. Fossil fuels continue to dominate, with prices that are volatile due to geopolitical tensions and shifting demand patterns. However, renewable energy is on the rise thanks to cost declines, policy support, and growing consumer adoption. This Policy Brief examines five significant trends that will shape the energy landscape in 2024. Navigating the complex energy landscape requires careful risk monitoring and prudent policy responses. K ...