Future of Climate Finance: The Capital Stack for the Energy Transition
Join us for Climate Week at Penn and learn about what it takes to fund a more affordable, cleaner, and healthier future.Climate finance is usually discussed in trillions and pledges. On the ground, the transition in emerging markets gets built by entrepreneurs: solar distributors, cold-chain operators, agri-processors, waste companies, all running real businesses with real customers. Leslie Labruto maps the capital available to them, from catalytic philanthropy and concessional debt to DFI money, venture equity, and commercial lending, and shows where each type works, where it stalls, and who gets left out. Drawing on her work building Resolve and more