Making Big Bets to Address Climate Change and Other Global Issues

Tim Puko, Climate Correspondent, The Washington Post
Dr. Rajiv J. Shah, President, The Rockefeller Foundation

“We have a choice to make as a planet: either the climate transition is only for wealthy economies, or it’s for everyone.”

– Dr. Rajiv J. Shah

“One of the fundamental features of our time is that we are frequently facing overlapping crises.”

– Tim Puko

Key takeaways & next steps:

The Rockefeller Foundation is committing a billion dollars over the next five years to combat climate change. Their primary focus is on making the climate transition inclusive and ensuring global collaboration in the fight against climate change.
Governments and institutions often face multiple crises simultaneously, such as energy security concerns and climate change mitigation. The challenge lies in finding a balance between these priorities and ensuring that efforts to address climate change are not hindered by competing concerns.
Developing countries face financial constraints that make it difficult to invest in renewable energy infrastructure. Additionally, many lack the necessary grid systems and technology access to transition to a green economy. Subsidies and strategic support are required to overcome these obstacles and facilitate the adoption of renewable energy solutions.
Global cooperation is important between advanced and emerging economies to ensure that renewable energy adoption becomes a global initiative.