Opinion

Climate finance needs strong partnerships and more private investment

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By Experts

Published: October 21st, 2024,
Last updated: May 28th, 2025

by Ingrid-Gabriela Hoven
Ingrid-Gabriela Hoven, Deputy Chair of the Management Board of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.

In the next 80 years or so, our planet will warm by two and a half to three degrees Celsius – with unforeseeable consequences for life. This is shown by the latest calculations from the World Bank. Nevertheless, many countries and companies continue to insist on fossil fuels. In some regions, coal consumption has even increased.

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Klimafinanzierung Green Climate Fund