Why investors avoid developing countries, and how to change that: Moving Money

Zero: The Climate Race

Bloomberg

Technology, Business, Science

4.7 • 219 Ratings

🗓️ 24 April 2025

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Global investment in clean energy hit a record $2 trillion last year, according to BloombergNEF. But developing countries see only a sliver of that funding. Private investors are wary of unfamiliar markets, currency risks and perceived instability. So how do we change that? Avinash Persaud, special adviser on climate risks to the president of the Inter-American Development Bank, joins Zero to explore how we can de-risk investments, unlock private capital, and supercharge the global clean energy transition. From carbon markets to sustainability-linked bonds, where should the focus be to make the biggest impact?

Explore other episodes from the Moving Money series:

Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to: Mythili Rao, Sommer Saadi, Mohsis Andam, Blake Maples and Siobhan Wagner. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	I'm Shinali Bassick, and I hope you'll join me alongside my co-host, David Inglis,
0:04.7	and many of Asia's most important institutional investors and money managers at Bloomberg Invest Hong Kong,
0:10.8	June 10th, and 11.
0:12.1	We'll discuss China's growing economic influence, AI's use cases for financial services,
0:17.3	recent shocks to the geopolitical status quo, and more with financial newsmakers and deal makers.
0:23.2	Title sponsor, InvestcoQ, register now at Bloomberglive.com slash investHK.
0:30.3	Welcome to Zero. I am Akshutrati. This week, how to unblock the private money taps.
0:48.5	Yeah. How to Unblock the Private Money Taps. The world is pouring money into the clean energy transition at an unprecedented rate.
0:53.9	Last year, more than $2 trillion was invested in low-carbon technologies, according to Bloomberg
0:58.2	NEF. Over half of that went into renewable energy and grid infrastructure. Another third
1:04.4	went into electric cars. This year, those investments might slow down in the US, but the signs
1:10.6	remain bullish in
1:11.7	other parts of the world. In developed countries, the private sector is leading the charge,
1:17.1	with hundreds of billions of dollars each year flowing to profitable clean tech opportunities
1:21.3	and large-scale projects. Meanwhile, only a tiny trickle of private capital goes to developing
1:26.9	countries, with investors
1:28.5	scared off by unfamiliarity, volatile exchange rates, and markets that at times seem too risky.
1:35.7	At COP 29 in November last year, all countries, even the US, agreed to triple the money
1:40.7	that goes from rich countries to poor countries, reaching $300 billion annually
1:45.6	by 2035. But the United Nations experts have found that the finance gap is closer to $1.3 trillion
1:53.9	each year. The upcoming COP 30 presidency is working on a roadmap that will hopefully fill
1:59.4	that void. And while we don't have the specifics yet,
	...

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