By Megan Bowman, UNSW

Climate change is as much an economic issue as an environmental and ethical one. Increasing climate resilience in developing nations and moving to a low-carbon economy globally will require significant capital outside of normal government channels and beyond business as usual. While the roles of multilateral public finance actors such as the World Bank and the newly created Green Climate Fund have received broad attention, this article argues the case for engaging transnational private finance sector actors (such as insurers, institutional investors, banks) as key providers of and conduits for ‘corporate climate finance’ in developing nations.