Even with all the turmoil of the past few months, the energy transition isn’t taking a break. Last year, global spending on clean-energy technologies was more than $2 trillion, according to BloombergNEF. Yet only a small fraction of that money makes its way to developing countries. This week on Zero, Avinash Persaud, climate advisor to the president of Inter-American Development Bank, joins our Moving Money series, and answers the question: how do we make the financial system work for climate action, not against it?

Explore further:
COP29 Is All About Money. Get Ready for Fights: Moving Money
Unlocking Climate Trillions With a Global Plan From a Sinking Island 

Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to: Mythili Rao, Sommer Saadi, Mohsis Andam, Blake Maples and Siobhan Wagner. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.

Even with all the turmoil of the past few months, the energy transition isn&rsquo;t taking a break. Last year, global spending on clean-energy technologies was more than $2 trillion, according to BloombergNEF. Yet only a small fraction of that money makes its way to developing countries. This week on Zero, Avinash Persaud, climate advisor to the president of Inter-American Development Bank, joins our Moving Money series, and answers the question: how do we make the financial system work for climate action, not against it?
Explore further:
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2024-10-10/cop29-climate-finance-stakes-will-be-higher-than-ever">COP29 Is All About Money. Get Ready for Fights: Moving Money</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2023-06-21/unlocking-climate-trillions-with-a-global-plan-from-a-sinking-island">Unlocking Climate Trillions With a Global Plan From a Sinking Island</a>&nbsp;</li>
</ul>
Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to: Mythili Rao, Sommer Saadi, Mohsis Andam, Blake Maples and Siobhan Wagner. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit <a href="https://www.bloomberg.com/green">https://www.bloomberg.com/green</a>.

Zero is about the tactics and technologies taking us to a world of zero emissions. Each week Bloomberg’s award-winning reporter Akshat Rathi talks to the people tackling climate change – a venture capitalist hunting for the best cleantech investment, scientists starting companies, politicians who have successfully created climate laws, and CEOs who have completely transformed their businesses. The road to zero emissions has many paths and everyone’s got an opinion about the best route. Listen in.

Zero: The Climate Race

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How the financial system can work for climate, not against it: Moving Money

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/38617e48-6a37-4ceb-8e90-b2af01164434/transcript

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