Public-private-philanthropic partnerships needed to fill the climate finance gap
This innovative funding model is making strides in addressing climate financing hurdles, says WEF.
With trillions of new investments needed every year to meet global climate and nature targets, the World Economic Forum is advocating for more collaboration between public, private and philanthropic stakeholders to accelerate the transition.
Noting that combined funding from business, government and philanthropic sectors is falling short, with only 6% of 2025 climate investment needs met so far, WEF today released a paper showing the effectiveness of bringing these three funding sources together to “create a positive domino effect”.
