Transition finance that enables the economy and finance to move towards Net Zero and other sustainability-related goals is a significant opportunity for businesses and investors.
Global climate finance, which supports activities that are already green, reached $1.9 tr in 2023 and is estimated to have exceeded $2 tr in 2024. These figures constitute a mere fraction of the investment needed to bring along the rest of the world – i.e. those parts of the economy that are not already ‘green’ – and stay on a pathway to achieving Net Zero by 2050. As a result, there is a significant funding gap, estimated to range from $4.5 tr to $7.8 tr annually based on current spending. As net-zero deadlines approach and decarbonisation urgency intensifies (especially for ‘hard-to-abate’ sectors), a growing share of sustainable capital is expected to be directed towards transition finance.
This Guide is written for issuers across all sectors, including hard-to-abate industries and fast-growing, energy-intensive digital sectors, seeking practical direction on:
- Why qualifying for transition finance matters
- The transition-finance market and how it is developing
- How to best position your business to take advantage of emerging and evolving transition-finance opportunities
- What is next for transition finance
Webinar: On 9 March 2026, Rona Nairn, Manager, Regulatory Affairs, The World Federation of Exchanges, was joined by Vanessa Harvard-Williams OBE, Co-Chair, Transition Finance Council; Adam Kostyál, President, Nasdaq Stockholm & Head of European Listings, Nasdaq; and Filip Elland, Chief Sustainability Officer, Castellum. Watch a recording of the webinar (9 March 2026).
Read the presentation slides.
Webinar: Unlocking Transition Equities and Financing Net Zero Pathways on 14 October.
Featuring Vanessa Havard-Williams OBE, Chair Transition Finance Council Working Group on Credibility and Transition Finance Market Review; Kristina Alnes, Director, Sustainable Finance, S&P Global Ratings; Mark Keller, Director, Sustainable Markets Advisory, UBS; Kautsar Primadi Nurahmad, Vice Director of Business Development 2, Indonesia Stock Exchange and Maria Groschopp Dellwik, Head of Listings Sweden, Nasdaq, the discussion was moderated by Rona Nairn, Manager, Regulatory Affairs at the WFE.. Watch the recording of the webinar on Unlocking Transition Equities and Financing Net Zero Pathways.