Finance plays a critical role in climate action, as recognised by the goal set in Article 2.1c of the Paris Agreement of making finance consistent with a pathway towards lowering greenhouse gas emissions and climate-resilient development. Public and private actions to better align finance with climate goals need to be informed by robust assessments of progress.
This session launched the OECD Review on Aligning Finance with Climate Goals, was released on 31 October 2024. It included a panel discussion amongst policy makers and financial sector representatives to reflect on progress to date, further actions needed to support efforts to align the financial sector with climate goals, and how to enhance the evidence base to inform effective and impactful policy making and financial sector practices.