Mohieldin on Developing Countries' Financing Risks

Dr. Mahmoud Mohieldin, the UN Special Envoy for Climate Finance, discussed the issue of rising financing costs in developing countries during the London Climate Week events. He emphasized that the problem is not solely about higher costs but also involves overly rapid risk pricing, which leads to inflated expenses and hampers efforts to attract investments. He explained that outdated perceptions and practices result in inaccurate risk assessments, particularly for energy and infrastructure projects. Addressing this requires a reassessment of financing policies and market regulations to ensure a fair and efficient distribution of risks and to facilitate sustainable financing.

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