The CBA loan could be a first step in delivering on this plan.
"One innovative idea in planning by legal firm Baker and McKenzie seeks to leverage private sector finance for climate action in developing nations. Launching an initiative such as this would be an opportunity for Australia to show a more progressive face on climate action.
At the same time, it would build on the foreign minister’s objective of making aid delivery more innovative and effective. Other opportunities are surely being advanced by proponents and we can expect to hear announcements about at least a few of them soon."
We now have a seat at the table of the Green Climate Fund, so we should be seen as showing the way by helping developing nations.