Climate Finance and Partnerships: New Alliances to Accelerate the Energy Transition

The energy transition requires investment, expertise, and collaborative models that involve institutions, businesses, international organizations, and the financial system. Particularly in emerging markets and developing countries, access to economic and technical resources is essential for implementing concrete measures in clean energy, climate adaptation, and sustainable development.

On the occasion of Venice Climate Week , Deloitte Climate & Sustainability and the UNDP Rome Centre for Climate Action and Energy Transition , in the presence and with the support of the Ministry of Environment and Energy Security , have launched an equal collaboration to foster the development of public-private partnerships and support investments related to the climate and energy transition.

The role of climate finance in the energy transition

The collaboration aims to accelerate high-impact initiatives through the involvement of the private sector and financial institutions. Climate finance thus takes on an increasingly operational role: not just as a tool for economic support, but as a lever for making complex projects feasible, especially in contexts where the transition requires more advanced infrastructure, expertise, and investment models.

The priority areas identified concern different levels of intervention :

• mobilization of resources and organization of meetings between private investors and financial institutions;
• research and analysis activities on the topics of climate action, energy and sustainable finance;
• training and capacity-building programs to strengthen and share skills;
• Stakeholder engagement to foster dialogue between the public sector, businesses, international organizations, and civil society.

For the energy sector, this approach confirms how the transition depends not only on the availability of renewable technologies or efficient solutions, but also on the ability to create favorable economic and institutional conditions for their diffusion.

Public-private partnerships to make interventions scalable

One of the most significant elements concerns the value of public-private partnerships . In projects related to clean energy, efficiency, resilient infrastructure, and climate adaptation, cooperation between institutions and businesses can help overcome financial, technical, and organizational barriers.

Private sector involvement allows for the mobilization of capital, expertise, and operational capacity, while institutional support can ensure strategic direction, continuity, and consistency with international climate goals . In this sense, the collaboration is part of a broader strategy aimed at promoting private sector access to development programs dedicated to climate, energy, innovation, and sustainability.

As emphasized by the Minister of the Environment and Energy Security, Gilberto Pichetto Fratin, initiatives of this kind represent a concrete example of how the Italian system can provide expertise, technologies, and partnership models to emerging markets and developing countries.

Energy, skills and international cooperation

The global energy transition cannot be addressed solely through emissions reduction targets. We need pathways that integrate energy access, economic development, education, climate resilience, and innovation . For this reason, capacity-building programs and research activities take on strategic importance, especially in countries where growing energy demand must be accompanied by sustainable solutions.

The reference to the Sustainable Development Goals confirms this approach: clean and affordable energy, the fight against climate change, and partnerships for the goals are closely intertwined. For the energy and HVAC supply chain, this scenario highlights an increasingly clear direction: decarbonization technologies must be embedded in design, financial, and training ecosystems capable of making them applicable on a large scale.

Collaboration between the public sector, businesses, and international organizations therefore becomes an essential lever for turning the transition into concrete projects. In a global context marked by growing energy needs, climate vulnerability, and investment needs, climate finance can help build more resilient, inclusive, and sustainable development models.