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World

IMPACT REPORT 2023: Unlocking Finance

Attachments

Finance Overview

The world has many solutions to help transform the energy, food, and health systems — but only additional capital can provide the access and scale necessary. In 2023, the Foundation’s Finance team worked to close the global climate financing gap — which stands annually at $3.5 trillion — by working to tap private and public sources while also seeking to ensure that important legislative action helps families and communities adapt and prosper.

Lessons Learned

As we seek to scale capital needed to advance opportunity and slow the climate crisis, the Foundation will leverage lessons learned over the last year: impact diligence is as critical as financial viability, the long term view is needed, implementers and advocates must work together, sector and focus matter, and a solution doesn’t have to be novel to be transformational.