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
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.
Publication
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.
Publication
IDFC Green Finance Mapping Report 2019
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.
Latest work
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.
Blog
It’s time for recovery finance to step up
Now, more than ever, development finance has a role to play in addressing both short and long-term needs, setting market signals, and taking risks the private sector can’t bear – all roles crucial for setting the trajectory toward a more sustainable future.
Blog
Towards a greener tomorrow: India needs climate budget tagging
Climate budget tagging will help identify, classify, and weigh climate-relevant spending, thereby enabling the estimation, monitoring, and tracking of such expenditures
Publication
Landscape of Green Finance in India
Climate Policy Initiative’s Landscape of Green Finance in India presents the most comprehensive information on green investment flows in the country in FY 2017-FY 2018.
Blog
The road to sustained recovery in India starts with a definition of green finance
A roadmap for a comprehensive green finance strategy in India to help ensure a sustainable recovery.
Blog
How National Development Banks can drive climate-smart solutions in cities during COVID-19 and beyond
In this blog, CPI’s Priscilla Negreiros highlights that National Development Banks have the potential to unlock needed climate investment into cities.
