Efforts to boost climate investment are underway, Makhtar Diop states

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12.11.2026

Efforts to boost climate investment are underway, Makhtar Diop states — COP discussion targets private climate capital

Makhtar Diop said he joined Majid Al Suwaidi of ALTÉRRA to discuss mobilizing private capital for climate and development at COP. In his statement, Diop emphasized that a priority at this implementation COP is turning ambition into investment by focusing on innovative financing, guarantees, and partnerships that can bring more projects to implementation.

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Diop previously reported discussions with Ethiopia’s central bank governor on how the IFC can help attract private investment into affordable housing and agribusiness in Ethiopia. He has also stated that private capital is vital for growth and jobs in emerging markets. These earlier remarks echo the current focus on mobilizing new funding sources for climate and development projects.

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