Launching a New Solution to De-risk Carbon Markets | The World Bank Group at COP29 High-integrity carbon markets have the potential to deliver an impactful triple bottom-line – imperative climate action, development outcomes, and private capital mobilization. Unfortunately, these
High-integrity carbon markets have the potential to deliver an impactful triple bottom-line – imperative climate action, development outcomes, and private capital mobilization. Unfortunately, these markets are suffering from a significant trust deficit. For over 35 years, MIGA’s guarantees have bred trust. Join us for the launch of MIGA’s letter of authorization template administered by the WBG Guarantee Platform, a public good for securing insurability rights and standardizing host government commitments to investors. Learn more: http://wrld.bg/LhvV50U3qbW @MIGAWorldBank
Speakers
- Hiroshi Matano, Executive Vice President, MIGA, World Bank Group
- Benedict Chia, Director-General, National Climate Change Secretariat, Singapore
- Dirk Forrister, President and CEO, International Emissions Trading Association (IETA)
- Marie Owens Thomsen, Senior Vice President, International Air Transport Association (IATA)
- Francesco La Camera, Director General, International Renewable Energy Agency (IRENA)
- Margaret Kim, Chief Executive Officer, Gold Standard
- Moderator: Ethiopis Tafara, Vice President & Chief Finance, Risk, Legal and Sustainability Officer, MIGA
00:00 Welcome by Hiroshi Matano, Executive Vice President, MIGA, World Bank Group
02:54 Remarks by Dirk Forrister, President and CEO, International Emissions Trading Association
08:13 Panel discussion
26:20 Live Q&A from the audience
The World Bank Group at #COP29 | A livable planet with clean energy, more resilient communities, and stronger economies is possible. The World Bank Group is committed to making it a reality—and ensuring that climate change doesn’t delay much-needed development and worsen quality of life. Join us live from Baku, Azerbaijan for the United Nations Climate Change Conference COP29. http://wrld.bg/hk5E50U3qi5 https://www.youtube.com/playlist?list=PLopq6yGfmFAsUbOb8O6gMWqGLlmm6NyiX
ABOUT THE WORLD BANK 🌐 The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development on a livable planet. http://www.worldbank.org
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