At the 2025 Summer Davos, a dynamic panel tackled one of the most pressing questions of our time: Where's the capital for climate? With annual climate commitments of $300 billion to support emerging economies, experts agree that a vast financing gap remains — trillions more are needed to drive rapid climate action.
CGTN's Michael Wang led the discussion, engaging with influential voices from around the world. The panel featured Kenya's minister of energy and petroleum, James Opiyo Wandayi; the Chinese mainland's special envoy for climate change, Liu Zhenmin; Nonkululeko Nyembezi, chair of Standard Bank Group (South Africa); and Majid Al Suwaidi, CEO of Alterra. Their insights shed light on the importance of stronger oversight in carbon credit trading and the need to amplify both private and public sector involvement.
This forward-thinking session wasn’t just about crunching numbers — it was a call to action, blending economic strategies with sustainable innovation. The conversation resonated with young professionals, students, and climate enthusiasts alike, sparking fresh ideas and hope for a greener future 🌍💡.
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Watch: Summer Davos session – 'Where's the Capital for Climate?'
cgtn.com
