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Bridging the Funding Gap for Climate Change Initiatives: A Call for Private Sector Engagement

CARBON CAPTURE

In a recent address, Orlando Habet, Minister of Sustainable Development, underscored the persistent funding challenges facing climate change initiatives. He revealed that government contributions currently meet only 20-25% of the required financing, particularly for operational costs and smaller projects.

Despite the efforts of various stakeholders, the gap in financial resources continues to hinder effective climate action. Habet's remarks call attention to the urgent need for increased investment to support sustainable development goals.

Aug 26, 2025, 12:00 AM

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