Development Finance
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.
Featured work
Publication
Enhancing the Role of National Development Banks in Supporting Climate-Smart Urban Infrastructure
This paper focuses on enhancing the role that National Development Banks play in supporting the acceleration of climate-smart urban infrastructure investment.
Publication
Implementing Alignment: Recommendations for the International Development Finance Club
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.
Latest work
Publication
Recovery Bonds
This paper assesses the potential for Recovery Bonds to help sovereigns raise capital to fund a sustainable and climate-resilient post-COVID recovery.
Publication
Debt for Climate Swaps
DFC swaps can reduce the level of indebtedness, freeing up fiscal resources to be spent on green investments.
Publication
Leveraging National Development Banks to Enhance Financing for Climate-Smart Urban Infrastructure
This report sets the stage to explore the mandate and capacities of National Development Banks in accelerating financing for local governments’ climate-smart urban infrastructure.
Publication
A Framework for Tracking Cooling Investment
Global cooling needs are significant and expected to continue growing rapidly. This knowledge brief proposes a new approach to identify and track cooling transactions.
Blog
Climate Finance in Indonesia: Our top stories from 2020
A new normal after the COVID-19 pandemic requires a green and just economic recovery. Here is our most-read work from 2020 that responds to the challenges, and a preview of what is in stock for 2021.
Publication
Guidelines for Building a National Landscape of Climate Finance
We outline the process for developing a national climate finance landscape in four steps. By working through each step, countries will learn key insights to how, when, and from whom finance is flowing towards climate action.
Blog
Debt-for-climate swaps — are they really a good idea, and what are the challenges?
Debt-for-climate swaps have become a movement within development finance over the past few months. But: Are they really a good idea, and if so what hurdles must be overcome to get to the opportunities beyond?
Publication
Scaling Innovative Climate Finance Instruments: Experience from the Lab
While challenging, scaling up climate finance ideas is possible, and is greatly facilitated by four success factors that can be influenced by the entrepreneurs developing these initiatives and their stakeholders.
