McKinsey estimates that the annual costs of the global transition to net zero could be as high as $3.5 trillion, and national governments are only able—or willing—to pay a small percentage of this cost. The solutions must come from the private sector. The United States, China, Europe, the Middle East, and Latin America are all testing innovative concepts in green finance, and if successful, could shape standards, practices, and regulatory policies globally.
From advising on the establishment of a private sector fund to pilot projects in green insurance, the Paulson Institute promotes transparent, world-class standards in the green finance sector.