Green Recovery
As the world convalesces from the COVID-19 pandemic, we must continue ambitious action on climate change. We have an opportunity to rebuild our world for a more inclusive, more resilient, more sustainable future. This includes mainstreaming climate change considerations into the entire finance ecosystem by targeting both short-term economic recovery and long-term structural changes aligned with sustainable, inclusive growth and strengthening society’s resilience.
CPI, working with our partners, has been a leader in convening and influencing high-level discussions to help bridge economic action with the key need for a green, resilient recovery globally.
Featured work
Publication
Urban Climate Finance in the Wake of COVID-19
From the USD 20.5 trillion pledged to COVID-19 recovery globally, only USD 1.1 trillion dollars have been committed to cities.
Blog
How the Coronavirus Recovery Effort can Support a European Green Deal
Sharing the burden of combating the coronavirus could set an inspiring precedent for a just transition to combat climate breakdown—which will have fare more dire economic and health impacts than the current pandemic. If the current systemic shock of the coronavirus crisis jolts countries into action, maybe then they can create a truly European Green Deal.
Publication
Framework for Sustainable Finance Integrity
A framework to guide financial system integrity and smooth the financial sector’s move to sustainability and net zero.
Latest work
Publication
Investing in nature to build back better
CPI contributed to a webinar series led by the United Nations Environment Program aimed at mobilizing investments in biodiversity as we build back economies in the aftermath of the pandemic.
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
Results-Based Financing
This report assesses the potential for Results-based Finance (RBF) to expand post-COVID recovery funds while improving sustainability efforts.
Publication
Debt for Climate Swaps
DFC swaps can reduce the level of indebtedness, freeing up fiscal resources to be spent on green investments.
Blog
Is India's national budget green enough?
India’s budget for 2021-2022 lays a strong foundation for a sustainable recovery post-COVID-19, with a clear focus on infrastructure development and job creation. Despite the fiscal constraints due to the pandemic, the current budget does convey the government’s intent to fight climate change. However, the budgetary allocations may fall short given the sheer scale of estimated adverse economic impact due to the impending climate crisis.
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.
