ContextSpeech at the Summit for a New Global Financing Pact in Paris, hosted by France's President; the European Commission proposes EU policies and wants more finance for developing countries.
Why it mattersVon der Leyen proposes guarantees and carbon pricing to fund climate action abroad.
Problems raised
Developing countries lack climate finance.
Private investors need more certainty.
Emissions are not priced enough.
Solutions proposed
Commit guarantees with the EIB and national institutions.
