Sir Keir Starmer meets president of the World Bank Ajay Banga on the fringes of the COP29 climate change summit in Azerbaijan – and thanks him for his support as he launches the CIF Capital Market Mechanism. Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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00:00It is really fantastic to launch today this Capital Market Mechanism, part of course of
00:06the Climate Investment Funds and located and listed, I'm proud to say, in London and so
00:13it's a special moment for us. This initiative, which is of course mobilising private finance
00:20to go alongside public, is at the heart of our shared challenge in the fight against climate
00:26change and a focus of this particular COP. And I want to say thank you to AJ for his leadership
00:33of the World Bank on this as well and his colleagues around the table.