Hundreds of millions of people around the world have no access to reliable electricity, a problem that doesn’t seem to be going away. Since US President Donald Trump started his second term, Western countries have cut development funding, including for climate projects. This week on Zero, Bloomberg’s Akshat Rathi asks Philippe Valahu, chief executive officer of Private Infrastructure Development Group, why it is still so hard to secure climate finance for developing countries.

Explore further:
Zero: How the Financial System Can Work for Climate - Bloomberg
Zero: Ethiopia's Extraordinary Electric Car Boom - Bloomberg
Bloomberg Green’s extreme heat series

Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Summer Maxwell, Sommer Saadi, Alyssa McDonald and Laura Millan. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.

Hundreds of millions of people around the world have no access to reliable electricity, a problem that doesn&rsquo;t seem to be going away. Since US President Donald Trump started his second term, Western countries have cut development funding, including for climate projects. This week on Zero, Bloomberg&rsquo;s Akshat Rathi asks Philippe Valahu, chief executive officer of Private Infrastructure Development Group, why it is still so hard to secure climate finance for developing countries.
Explore further:
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/audio/2025-04-09/zero-how-the-financial-system-can-work-for-climate-podcast-m99yrji0">Zero: How the Financial System Can Work for Climate - Bloomberg</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/audio/2026-02-18/zero-ethiopia-s-extraordinary-electric-car-boom-podcast">Zero: Ethiopia's Extraordinary Electric Car Boom - Bloomberg</a></li>
<li aria-level="1">Bloomberg Green&rsquo;s extreme heat <a href="https://www.bloomberg.com/latest/extreme-heat?itm_source=record&amp;itm_campaign=Extreme_Heat&amp;itm_content=title">series</a></li>
</ul>
Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Summer Maxwell, Sommer Saadi, Alyssa McDonald and Laura Millan. 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

Zero

The selfish case for supporting foreign aid

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ba998df2-79ec-4269-8ae0-b487006fd00a/transcript