In the lead-up to COP30 in Brazil, GSG Impact, Aliança pelo Impacto and the Principles for Responsible Investment convened global asset managers, asset owners, development banks, and policymakers to identify critical barriers and breakthrough actions needed to scale emerging market investment in climate change mitigation, nature-based solutions, and climate adaptation and resilience. The discussions were framed by the urgent need to scale financial flows to US$1.3 trillion annually by 2035 as part of the “Baku to Belém Roadmap”, and to translate the ambitious climate goals of the Paris Agreement into tangible investment.

The global roundtables underscored a central theme articulated by the COP30 High-Level Climate Champion, Dan Ioschpe: Brazil offers a snapshot of significant investment opportunities that can serve as a blueprint for other emerging markets. Echoing the Brazilian Presidency’s call for a mutirão – a global joint effort – the dialogues sought to engage the intellectual and financial capital of the investment community to address systemic barriers and unlock “outstanding opportunities of our time”.

Following the global roundtables, GSG Impact fostered local roundtables with National Partners in Australia, China, Indonesia and the UK. Local policy makers and investors managing more than US$15 trillion debated the barriers, and pathways to overcome them, in scaling investment for climate adaptation and resilience.

The main takeaways across the global and local roundtables included: the importance of regulations and taxonomies harmonization, the central role of blended finance and risk mitigation instruments, and the need for national and subnational project aggregation platforms.

This report synthesises the key insights from those discussions.