
The International Energy Agency (IEA) has issued a new report, ‘Scaling Up Transition Finance’.
BwB provided early-stage comments as part of the consultation process, and we appreciate the acknowledgement in the final publication. The report highlights how transition finance bridges the gap for emissions-intensive and hard-to-abate sectors such as steel, cement, and natural gas, helping them, in the words of the report, to “shift over time towards sustainable practices aligned with long-term climate and development goals”.
“Transition finance connects today’s realities with tomorrow’s solutions; it makes climate ambition investable,” says BwB Senior Advisor, Abdeldjellil (DJellil) Bouzidi.
You can read the report here.