Finance

Competitive terms for climate finance needed to boost green investment, Deloitte partner warns

New research shows improving climate finance structures could shave $50 trillion off cost of net-zero transition

New Deloitte study outlines potential cost saving of up to 25 per cent for sustainable projects globally by 2050 if investors had access to ‘concessional finance’. Picture: Getty

Improving the structuring and implementation of climate financing could drive down the cost of the transition to net-zero by $50 trillion, a new Deloitte report has found.

The data - which was published last week - examines the financial barriers in place to investing in renewable energy products worldwide.

It outlines a potential cost saving of up to 25 per cent for sustainable projects globally by 2050 if investors had access to ‘concessional finance’. This ...