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High-Purity Fact Pipeline
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High-Purity Fact Pipeline
Shriti Vadera (Prudential plc), Adair Turner (Energy Transitions Commission), Ma Jun (Green Finance Committee of China)
Global (Emerging Economies)
May 25, 2026
Verified: May 25, 2026
"Current climate financing for emerging economies is insufficient, with an annual shortfall of over US$1 trillion. Private capital alone cannot bridge the gap; stronger policy support and public-sector intervention are required. Standardised financial structures and originate-to-distribute models are proposed to attract institutional investors."
Author: William D. Nordhaus
Written by a Nobel laureate in Economics, this book provides the foundational economic framework for understanding why public policy and international financial mechanisms are essential to address the climate funding gap that private markets alone cannot solve.
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