Today, the climate finance gap stands at $1.3 trillion per year.
Despite contributing the least to historic global emissions, countries and regions in emerging markets and developing economies (EMDEs) are often most vulnerable to the impacts of climate change, requiring significant amounts of climate finance to fund their climate and nature-related goals, such as building climate-resilient infrastructure and developing low-carbon economies.
From Yucatan’s mangrove forests to Kenya’s growing green workforce, these regions hold rich natural resources and significant potential to power a climate-resilient future – and are well-positioned to use carbon markets as a tool to protect biodiversity, create green jobs, bolster climate adaptation, catalyze innovative transition technologies, and drive real-world climate action.
High-integrity carbon markets can rapidly channel private finance to these regions, enabling investment in real-world climate projects that protect nature, create green jobs, and reduce and remove emissions.
