NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Catalyzing climate finance for climate change

Finance is not just about numbers. It is a critical enabler of climate action and sustainable development.

Adequate financial resources enable us to build and scale climate action, protect vulnerable communities from climate-related impacts such as floods, droughts, and rising sea levels, and support developing countries in achieving their climate and development objectives.

Although we have witnessed progress in climate financing over the past few years, with adaptation financing more than doubling between 2018 and 2022, we are still falling short of what is needed. The ‘climate finance gap’ – the difference between the trillions of dollars needed and the amounts currently available – remains persistent. To bridge the gap, public funding is dependent on new finance coming from the private sector.

Nordic Climate Dialogues 2025 aims to catalyse stronger partnerships among Nordic actors of climate finance and development across the Nordic region. By convening government representatives, financiers, institutions, strategic partners, think tanks, research institutions, and NGOs, this event aims to build a network of professionals, inspire Nordic collaboration, and explore ways to mobilise financing at speed and scale. Rooted in the region’s shared values, strengths, and expertise in sustainability and green innovation, we can drive global impact.

We will be talking about how the Nordic region can catalyse more high-quality finance for climate action, benefiting the most vulnerable people, communities, and our planet. Together, we can propose bold ideas that can drive transformative change.

Time: 9:30 – 19:00 

Doing good has never been a bigger opportunity. The world is at an inflection point. The challenges we face – climate change, instability and polarization, broken systems, the looming threat of war – are massive.

These are no longer distant threats. These are our reality. But within these challenges and compounding crises lie even greater opportunities.

A generation of entrepreneurs and investors are proving that doing good isn’t just the right thing; it’s the smart thing. The winners of the next economy won’t just be measured on financial returns, but on how they regenerate, heal, and transform the way we live and work.

Impact/Week 2025 gathers the world’s boldest thinkers, builders, founders and funders to accelerate the shift toward a future optimized for both people and planet. It’s about a better, more hopeful vision for ourselves and for the world. It’s about turning hope into action by spotlighting the solutions that matter.

We need to be the people we’ve been waiting for. Impact/Week 2025. Be part of the solution.