$PRU

Experts speaking at Temasek’s Ecosperity week said global climate transition financing will fall short unless governments, regulators and multilateral lenders change how projects are funded. Shriti Vadera (Prudential plc, World Bank Private Sector Investment Lab) said emerging markets need about $1.3tn annually versus ~$200bn now, with 80–90% of available capital in debt and too little risk-bearing equity. Panelists urged stronger carbon pricing/regulation and reforms such as originate-to-distri