“Inertia is a hell of a thing. Inertia is there, and there is very little motivation for an incumbent to change course. So you have to have that disruption from the outside. The same thing with financial services.” - Marilyn Waite, Climate Finance FundIn the 2019/2020 fiscal year, the global climate finance sector reached a record 632 billion US dollars. Unfortunately - that is a little short of the more than $3 trillion US dollars needed each year to keep warming under 2 degrees C, according to the IPCC. The Climate Finance Fund (CFF) is a philanthropic organization whose mandate is to close that gap by mobilizing capital towards climate solutions.How do they do that? CFF focuses on bringing creative climate solutions to market with early investing, and supporting industry-led initiatives and regulatory changes that encourage financial institutions to divest from fossil fuels and invest in clean technology. Managing Director Marilyn Waite joined Climate Now to share the changes CFF’s projects have already brought about, who the big disruptors are in climate finance, and how to get the world’s biggest banks and lenders to take note that it is time to go green.01:23 - Marilyn Introduction04:09 - What is CFF?07:58 - Clean Energy Credit Union10:41 - Clean energy borrowing today12:14 - Impact-first VCs and Climate Fintech17:43 - Banking on Climate Chaos20:50 - Systems change - Partnership for Carbon Accounting FinancialsFollow us on Twitter, LinkedIn, Facebook, and Instagram.Contact us at contact@climatenow.comVisit our website for all of our content and sources for each episode.