WEBVTT

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Right now, we're seeing the
confluence of many factors in

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the world that call for
collaboration.

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We're seeing the climate crisis.

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We're seeing the explosion of
digital technology and AI.

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We're seeing, unfortunately, a
lot of geopolitical tension. And

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within that context, we need to
come together.

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We need governments to come
together to work across boundaries.

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We need public sector to work
with business and civil society.

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We need populations to work
together on the solutions that

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make life better for all.

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One important area of
international collaboration

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today is on finance.

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How do we finance the SDGs?

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How do we finance development?

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How do we finance action
on climate?

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And we've had a lot of
discussion on blended finance.

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I think we know some of the
principles around that.

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We know what we know what needs
to get done.

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What we need to shift our
attention to is risk and really

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thinking about: How do we assess
country risk? How do we assess

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project risk? How do we rethink
the models that price projects

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and price the capital of
those projects.

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I think if we make some advances
on these issues, there's

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opportunity to grow the pie and
to really mobilize more capital

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into places like Africa, Asia,
and Latin America at scales that

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are needed to solve the
development challenges that we face