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From $300 billion in annual climate commitments to support emerging economies to stronger oversight of carbon credit trading, COP29 marked a crucial step forward for climate finance. Yet the climate finance gap remains vast, with trillions more needed to drive rapid climate action. How can private and public sector involvement be amplified to unlock capital at scale? CGTN's Michael Wang discusses the question with Himanshu Gupta, Co-Founder and CEO of ClimateAi , Liu Zhenmin, China's special envoy for climate change, Nonkululeko Nyembezi, chair of Standard Bank Group (South Africa) and Majid Al Suwaidi, CEO of Alterra, at a special session – "Where's the Capital for Climate?" – at the 2025 "Summer Davos."
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From $300 billion in annual climate commitments to support emerging economies to stronger oversight of carbon credit trading, COP29 marked a crucial step forward for climate finance. Yet the climate finance gap remains vast, with trillions more needed to drive rapid climate action. How can private and public sector involvement be amplified to unlock capital at scale? CGTN's Michael Wang discusses the question with Himanshu Gupta, Co-Founder and CEO of ClimateAi , Liu Zhenmin, China's special envoy for climate change, Nonkululeko Nyembezi, chair of Standard Bank Group (South Africa) and Majid Al Suwaidi, CEO of Alterra, at a special session – "Where's the Capital for Climate?" – at the 2025 "Summer Davos."