In Conversation with U.S. Treasury Assistant Secretary for International Trade and Development Alexia Latortue
Bretton Woods Committee | Tue, Oct 11, 2022
The needs to support net-zero transition are in the trillions; however, Multilateral Development Banks’ climate financing is in the billions. Given the scale of the challenges ahead, development banks must continue to explore financial innovations to responsibly stretch their existing balance sheets, especially to increase resources to fight climate change. Afsaneh Beschloss and Assistant Secretary Alexia Latortue discussed about how the evolution in the multilateral development banks system can take place to better serve their mandates and drive the climate finance revolution.