Reacting live from Dubai to ongoing developments at COP28, Actis Partner and Head of Energy Infrastructure, Lucy Heintz, spoke to Semafor about climate finance and why much depends on the final global stocktake from the summit. Click here to read the full article and read on below for Lucy’s commentary.
Lucy Heintz, Partner and Head of Energy Infrastructure at Actis, commented:
“Climate finance looks different this year, and is getting much more mature and evolved about where public and private capital need to go.”
On a potential political commitment at COP28 to “phase out” fossil fuels: “I think you’d see a lot more momentum among oil and gas companies to decarbonize.”