Low- and middle-income nations want to rework their energy sector infrastructure at an unprecedented scale and tempo to satisfy local weather and growth targets. The World Financial institution’s new framework “Scaling As much as Part Down” maps out a 6-step virtuous cycle to assist these nations overcome crucial boundaries which can be paralyzing their vitality transition and catalyze investments. Regardless of accounting for two-thirds of the worldwide inhabitants, growing nations obtain solely one-fifth of worldwide vitality funding. They want reasonably priced financing, particularly in the beginning of their vitality transitions, to enhance sector circumstances and entice rising volumes of personal capital. Be a part of us dwell from the headquarters of the World Financial institution Group. Make sure additionally to share your ideas and questions prematurely within the chat field! Our crew of specialists will reply them in the course of the dwell occasion. Be taught extra: http://wrld.bg/nns450OgfYm
SPEAKERS
– Axel van Trotsenburg, Senior Managing Director, World Financial institution
– Leila Benali, Minister of Power Transition and Sustainable Improvement, Morocco
– Alexia Latortue, Assistant Secretary for Worldwide Commerce and Improvement, U.S. Treasury
– Febrio Nathan Kacaribu, Head of Fiscal Coverage Company, Ministry of Finance, Indonesia
- Paul Bodnar, Director of Sustainable Finance, Business, and Diplomacy, Bezos Earth Fund
- Guangzhe Chen, Infrastructure Vice President, World Financial institution
– Demetrios Papathanasiou, Power & Extractives World Director, World Financial institution
AGENDA
00:00 Explainer video
01:58 Welcome
04:32 Opening remarks
08:30 Introduction of the panel dialogue
09:39 Q&A | Morocco: Challenges within the vitality transition
13:13 Q&A | Participating the personal sector
19:00 Q&A | Facilitating market dynamics for renewable vitality
24:03 Q&A | Indonesia: Phasing down coal
29:31 Q&A | Morocco: Financing for the vitality transition
33:05 Presentation of Scaling As much as Part Down
45:27 Q&A | The way to transfer sooner
47:06 Q&A | Sustainable use of coal
50:12 Q&A | Strengthening establishments
52:32 Q&A | Implications of debt misery
56:13 Closing remarks
ABOUT THE WORLD BANK GROUP The World Financial institution Group is likely one of the world’s largest sources of funding and data for low-income nations. Its 5 establishments share a dedication to lowering poverty, growing shared prosperity, and selling sustainable growth. http://www.worldbank.org
supply
