Climate, economic development, and financing meet at the Innovate4Climate (I4C) world event. The event, which takes place virtually May 25 to 27, aims to bring together global companies, governments, and institutions to provide financing and investment in climate markets.
This year marks the fifth edition of this event promoted by the World Bank Group, which brings together international experts and leaders from both private and public sector companies that act as a link between climate action and development.
Looking to the future, it is hoped that economies will enter an era of decarbonisation. To achieve this, the public and private sectors need to lead this change through practical and sustainable solutions and, at the same time, obtain funding to carry it out. That is why, during these three days, plenary sessions will be held to address the most urgent issues of climate news, and a forum will be developed for professionals to discuss ways to achieve a resilient and low-carbon future. A platform will also be set up for participants, governments, and companies to exchange ideas, projects, and make investment proposals.
World leaders and experts come together for sustainable development
Among the participants are reference names such as David Malpass, President of the World Bank Group; Ngozi Okonjo-Iweala, Director-General of the World Trade Organization (WTO); Fatih Birol, executive director of the International Energy Agency (IEA); Tao Zhang, Deputy General Manager of the International Monetary Fund; or Teresa Ribera, Minister for Ecological Transition and Demographic Challenge in Spain, among others.
All will participate in the different conversations that will be created throughout the event with the intention of inspiring and motivating the audience to undertake efficient climate actions. In addition, they will also contribute their point of view and, each from their position, will present innovative solutions to actively contribute to the global challenges that arise in the environmental and climate field.
Marketplace: the platform that unites investors and projects
The Marketplace is the market created within the event where participants, both public and private, can buy and sell climate action projects and initiatives and secure funding. Sponsorship and business opportunities come together, albeit virtually, to improve business development, exchange ideas, and create networks to encourage joint work that provides climate-smart solutions to the population.
Young people also have a voice
To talk about climate is to talk about the future, and to talk about the future is to talk about young people. They also play a key role in raising awareness and fighting for sustainable development. Innovate4Climate wants to give a voice to all those young climate innovators, from undergraduate students to industry professionals under the age of thirty-five. More than 100 young people have an appointment at the I4C workshops and market to learn, exchange ideas, and define their role, which will be key in this struggle.