The Business Times
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Ritesh Thakkar and Deepali Khanna

A flooded area affected by rising sea levels and land subsidence in Indonesia. With an estimated financing gap of over US$800 billion a year in developing Asian countries for climate mitigation and adaptation, there is a critical need to mobilise private-sector capital towards climate action at scale.
THE BOTTOM LINE

Local investors needed to combat climate change in Asia

THE climate crisis is intensifying and compounding an already challenging economic environment of high inflation and pressure on national budgets. With an estimated financing gap of over US$800 billio...

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