Eco Money: What role should private capital play when public funding isn’t enough to tackle climate challenges?

Identifying financing needs for climate action is not straightforward, especially when it comes to finding equal footing and funding.

With government budgets already strained and differences in standards and expectations, as seen with the stalled negotiations at COP29, the private sector is set to play an increasingly larger role in closing the gap.

As part of efforts to recognise the importance of private sector engagement in the climate fight, governments worldwide have begun implementing policies and incentives to catalyse private climate finance. But, stimulating private climate finance entails more than just standard courses of action.

What role should private capital play when public funding isn’t enough to tackle climate challenges?

On this episode of Eco Money, Melvyn Yeo, Founder & Managing Partner of TRIREC - a venture capital firm focused on decarbonisation investments - shares his insights.

Presented by: Emaad Akhtar
Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg)
Assistant Producer: Muhammad Nazirul Asrar
Photo credits: Earth.com

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