Understanding Climate Finance
Climate Finance is finally getting the spotlight that it deserves on the global stage as a method to combat climate change. But what is climate finance? Is it really helping?
My name is Faheem Noor Ali and I am exploring the intersection of climate and capitalism to see how we can invest in climate while not treating it as a charitable expense, but as a reality to which we need to respond.
Understanding Climate Finance
How World Bank’s MIGA insures climate project in challenging environments
The Multilateral Investment Guarantee Agency (MIGA) is the political insurance arm of the World Bank Group and provides a number of financial products for project developers working in the toughest environments. Olga Calabozo Garrido, who leads MIGA’s work in Latin America and the Caribbean, shares how they evaluate and price risk in the region and how they add value to private investors who are keen to invest in climate focus projects.
