How the Fight Against Climate Change Is All About Money

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Rajiv Shah on the progress—and hurdles—toward unlocking large amounts of cash for clean energy.

By , the editor in chief of Foreign Policy.
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As the U.N.’s 28th annual climate summit comes to a close, commentators will analyze each announcement—and the underlying bickering among nations—in great detail. But however one interprets the fine print, the reality is that the main obstacle to tackling global emissions is money. By some estimates, the world requires nearly $4 trillion of annual investment to transform the world’s dependence on carbon and build economies powered by clean energy.

Ravi Agrawal is the editor in chief of Foreign Policy. Twitter: @RaviReports

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