The U.S. Agency for International Development wants to spend an
   eye-popping amount of money to battle climate change — but it wants the
   private sector to come up with the bulk of it, raising the question of
   how realistic the ambitious plan is.
   On the flip side, “eye-popping” is in the eye of the beholder, and
   others are slamming the agency for lowballing what’s needed.
   Out of the [1]$150 billion USAID wants to mobilize, it would only
   provide a few billion of its own money, relying on external investors
   for the rest.
   The agency acknowledges both the magnitude of what it’s asking for —
   and that whatever it does garner is just the tip of a
   multitrillion-dollar iceberg.
   “The point of this exercise is to turn a little money into a lot more
   money,” says Gillian Caldwell, USAID’s chief climate officer. “It’s not
   a business-as-usual scenario at USAID right now, and I don’t think we
   should be expecting business-as-usual results.”
   But it’s tough to change the business-as-usual mindset of a behemoth
   bureaucracy, although some are impressed with the plan. “We are glad to
   see that the administration is putting some money where their mouth
   is,” Shaun Martin of the World Wildlife Fund says.

References

   1. https://t.devex.com/dc/kyXVoDpAY__Vu56MNr4POpCphgeXlcwK-5u_CbLr-mNjyqSrfhQ3SoZdOr3kd-rkAPQh1KsLHaE6NMC-VfmNKupa3uAksEQ78SCp9j9v-3mfm3_geoDjvlyRjI-nSpNW4srbKOInx4AWyQmeWG45njgeWqVHenSoS7JxTyerCPIbjEMyXBbY1AR0zvORD6ZALpPmcGvGL7xvBx_oBcsbz7xyQB4v_vRNVzGrPFhv9jStmP9sqieESDaxuymlHXX261Dq05vdgkwdpYpqtHfB1g==/Njg1LUtCTC03NjUAAAGKWu0FNBcSLsTKV1hD-6iG5bqyxAVvhn2eUCKD9B4zWz2i_qomIgWvNcNcTHVk31oa8PC-R00=