in particular regulatoiyinduced misalignments between the time horizons of investors and the need for longterm infrastructure financing would undermine the lowcaibon transition greater transparency and harmonisation of corporate disclosures on climate risks and liabilities could also encourage climatefriendly investments public finance and investment could be powerful catalysts for the lowcaibon transition yet they are not fully aligned with climate goals although its share has been rising over time less than onefifth of official development assistance oda is climaterelated public support to private investments in coal and gas is still significant national and international public financial institutions could more systematically lead the way by reconsidering their support to greenhouse gasintensive projects