Hua Jingdong
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- Milken Institute58 min
The Climate Change Agreement: What's Next?
Aimée Christensen, Richard Friend, Hua Jingdong, Fred Krupp, Franklin Orr, Amy Christensen
Building on the Paris Agreement's global framework, 195 nations have committed to Nationally Determined Contributions while specific initiatives like Mission Innovation and the Breakthrough Energy Coalition mobilize 28 investors and 20 governments to double energy R&D funding. Despite these financial mechanisms and a 50% drop in renewable energy costs, current trajectories still project a 2.7°C temperature rise, necessitating an additional $770 billion in annual capital to bridge the gap toward carbon neutrality by 2050. Success now hinges on dismantling regulatory barriers, expanding carbon pricing markets, and addressing the social risks that could push 100 million more people into poverty without targeted climate resilience strategies.
- Milken Institute1h 4m
Widening Access to Capital in Developing Markets
Staci Warden, Afsaneh Beschloss, Ermias Eshetu, Claver Gatete, Hua Jingdong, Jingdong Hua, Ruben Brigadier, Miguel, Matthew Reese
The Milken Institute's Center for Financial Markets convened with IFC leaders and East African officials to analyze how regional integration and local currency bond issuance can bridge the capital access gap in developing economies. Case studies from Rwanda and Ethiopia highlighted how structural reforms, such as harmonized regulations and mandatory commodity exchanges, are mobilizing domestic savings and enabling large-scale infrastructure financing. The dialogue concluded with the announcement of a joint IFC and George Washington University program designed to train African capital market officials in implementing these critical financial infrastructure reforms.