Necessary increasing role of private sector for EM climate goals
"According to the IMF the share of private sector climate finance in Emerging and Developing economies will have to rise significantly to reach the net zero transition"
89%
82%
40%
Excluding China
EMDEs
43%
Current share of private climate finance
Required share of private sector by 2030
Source: Amundi Investment Institute, IMF and IEA on Climate Policy Initiative with staff calculations. The estimation share of private climate finance to achieve net-zero emissions by 2050 is based on public climate financing share in total public investment that increases by a factor of 1.5 until 2030. Bloomberg. Data is as of 30 October 2023. EMDEs: Emerging Markets and Developing Economies.