Climate finance and investment in low-income countries

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Contributor(s): Melinda Bohannon, Dr Vera Songwe, Dr Sudarno Sumarto, Professor Chris Woodruff | Climate finance is a critical tool in supporting low-income countries as they face the growing impacts of climate change. These nations, despite contributing the least to global emissions, are often the most vulnerable to climate-related shocks such as extreme weather, rising sea levels, and food insecurity. Yet, they frequently lack access to the capital needed to adapt, build resilience, and pursue low-carbon development. Unlocking investment for climate action in low-income countries requires a coordinated effort between governments, development banks, private investors, and international organisations.