Private sector is not a homogenous entity as often described in mainstream discourse on climate resilience. The focus of most climate action discourse on private sector action is on the role of big business. However, private sector also entails big and small-holder farmers, intermediary actors like small traders, small and medium enterprises, and other forms of local, regional, national and global businesses. While the role of development aid finance has been recognised as critical to climate action, increasingly, blended finance has become a focus to unlock innovation in climate resilience. This session focuses on different models of catalysing, enabling and driving private sector action for resilience.
Seeding Enterprise: Enabling Environment for Private Sector Action on Climate Resilience
This COP29 Resilience Hub session will focus on different models of catalysing, enabling and driving private sector action for resilience.