IMF: Private Sector Key to Mobilizing Trillions for Climate Investment in Developing Nations

IMF says $2 trillion in annual climate investments needed in developing countries, with majority from private sector.

Governments can't rely solely on public funds due to debt concerns.

Carbon pricing should be integral to policy plans to generate revenue and spur private investment.

Investment funds dedicated to climate impact are still small, regulators need to tighten ESG rules.

Countries should improve investment climates by strengthening macro fundamentals and capital markets.