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Current Access Level “I” – ID Only: CUID holders and approved guests only. Building Access: Normal building operating hours with exceptions. Read more about the campus status level system and campus access information. See the latest updates to the community regarding campus planning.

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New Initiative to Help Unlock $3 Trillion Needed a Year for Climate and Nature

Davos, Switzerland, 17 January 2023 – The World Economic Forum, supported by more than 45 partners today launched the Giving to Amplify Earth Action (GAEA), a global initiative to fund and grow new and existing public, private and philanthropic partnerships (PPPPs) to help unlock the $3 trillion of financing needed each year to reach net zero, reverse nature loss and restore biodiversity by 2050.

News and Publications World Economic Forum • December 23, 2024

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January 30, 2025 • 12:00 pm - 1:30 pm est

Can AI Help Reduce Emissions of Greenhouse Gases?

Please join the Center on Global Energy Policy (CGEP) at Columbia University's School of International and Public Affairs for a special webinar "Can AI Help Reduce Emissions of...

Webinar • Zoom Webinar
Can AI Help Reduce Emissions of Greenhouse Gases?
Energy for Development

From Vision to Action: A policy blueprint for channeling $130 trillion private capital into Africa’s sustainable business future

External Publications by Andrew Kamau & Vivek Shastry • December 01, 2023

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The history of industrial development is synonymous with that of energy. The industrial revolution was heralded by the use of coal as a fuel that improved the fate of nations and their populations. With the advent of petroleum and hydrocarbon use, many more countries and corporations were able to create astounding amounts of wealth. Africa is a significant participant in this narrative, albeit in a more secondary role. Africa’s story is one of abundance and, as we enter the era of decarbonization, the continent is endowed with critical minerals, sunshine, large rivers, forests and grasslands. All of these are key ingredients in the Fourth Industrial Revolution, powered by clean energy. The role of the business community is now more important than ever in order to complement Governments’ efforts at economic empowerment and create an environment that enables the public and private sectors to achieve the United Nations 2030 Agenda for sustainable development for all and the African Union’s Agenda 2063 goal of wealth creation. 

The Agenda 2063 financing strategy is articulated around three dimensions: (a) domestic resource mobilization; (b) intermediation of resources into investment and (c) access to finance facilitation, including through project development funds, viability gap funding, capitalization funds and bankability and investment-readiness support for projects, firms/SMEs, entrepreneurs and other parties.

Read the full report here.

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Energy for Development

From Vision to Action: A policy blueprint for channeling $130 trillion private capital into Africa’s sustainable business future

External Publications by Andrew Kamau & Vivek Shastry • December 01, 2023

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