Adam Smith International 308d ago

ASI Thought Leaders Forum | Getting the most out of UK Climate Finance As the impacts of climate change intensify, the role of climate finance in supporting developing countries to adapt, reduce emissions and build resilience has never been more critical. The UK’s International Climate Fund (ICF) has been central to this effort – from supporting clean energy transitions, advancing climate-smart agriculture, to greening financial systems and promoting nature-based solutions. Yet, global demand for climate finance is rising rapidly, even as the UK aid budget faces increasing constraints. When more needs to be achieved with less, the question of how and where climate finance can deliver the greatest impact is more important than ever. How can UK ICF achieve the greatest value for money? What should it prioritise? And how can it remain effective, inclusive and future-ready in the face of ongoing political, economic and technological shifts? To help the Department of Energy Security and Net Zero (DESNZ) address these questions and shape their approach towards ICF spending, ASI – in collaboration with the Carbon Trust – conducted a comprehensive review of global investment needs for climate change mitigation. The resulting report outlines priority investment areas for the UK government, grounded in robust evidence on mitigation potential, financing needs, development benefits, cost-effectiveness and UK additionality. Panellists include: 🎤 Matt Savage – Team Lead, Oxford Consulting Partners | Global expert in climate finance and sustainable development with 20+ years shaping £2bn+ programmes worldwide. 🎤 John Ward – Managing Director, Pengwern Associates | Economist and strategist advising governments and institutions on climate action and finance. 🎤 Lindsey Hibberd – Associate Director, Carbon Trust | Climate policy specialist leading UK net-zero strategy and Paris Agreement negotiations. 🎤 Lindsey Napier – Deputy Director, DESNZ | Leader in international climate and development programmes, specialising in private sector solutions. 🎤 Andries Hof – Environmental Economist | Researcher on climate mitigation and adaptation at RIVM and guest researcher at Utrecht University. 🎤 Annika Burke (Moderator) – Senior Manager, ASI | Climate finance economist with 17+ years’ experience designing large programmes across Africa and Asia. About the ASI Thought Leaders Forum: These sessions are part of ASI's ongoing commitment to creating spaces for sharing knowledge, fostering collaboration, and driving innovation in international development. It’s an opportunity for us to dive deep into key issues we’re tackling in our work. #ThoughtLeadership #ClimateFinance