Development finance plays a significant role in financing countries’ green economic growth. CPI works with development finance institutions to assess the effectiveness of their policies, instruments, investments, and portfolios, while identifying risks and opportunities. This includes work with the International Development Finance Club (IDFC), a group of 26 national and regional development banks from all over the world, to map their green finance commitments and providing recommendations for how they can align their operations and strategies with the Paris Agreement.
This study identifies the changes the Paris Agreement implies for the role of Development Finance Institutions (DFIs) – specifically members of the IDFC – and how they may implement these changes through a targeted set of activities.
Supporting National Development Banks to Drive Investment in the Nationally Determined Contributions of Brazil, Mexico, and Chile
The Paris Agreement combats climate change through country-defined sustainable development plans, aiming to align financing flows with low-carbon climate resilient growth. National development banks and local financial institutions can play key roles in providing climate financing and supporting implementation of these plans.
The International Development Finance Club (IDFC) is the leading group of 26 national and regional development banks from all over the world, the majority of which are active in emerging markets. During the United Nations Climate Action Summit 2019, IDFC resolved to mobilize significant volumes of financing for meeting climate and development goals.
This paper focuses on enhancing the role that National Development Banks play in supporting the acceleration of climate-smart urban infrastructure investment.
There is a growing need to sensitize India’s financial sector about the importance and benefits of Green Finance, and ways to accelerate green capital flows in India.
Indonesia needs to significantly scale up climate finance in the next ten years to achieve its NDCs. CPI’s upcoming study, Uncovering the Landscape of Private Climate Finance in Indonesia, is aimed at developing a first-of-its-kind approach for tracking private climate finance in Indonesia.
Tasked with managing funds related to environmental protection and conservation, Indonesia’s Environmental Fund Management Agency provides a unique financing mechanism to help meet the country’s climate goals.
This brief outlines the current state of global finance for climate adaptation, and includes potential new data sources and recommendations to improve adaptation finance tracking going forward.