Webinar | How can development banks accelerate the green financial and budgetary transition

5 November 2020 - By : Louise KESSLER, PhD / Sébastien POSTIC, Phd

Finance in Common Summit and London Climate Action week Side-event
November 19, 2020, 16h30-18h00 (CET)
Online event with registrationThe climate emergency, and the commitments of countries to support the objectives of the Paris Agreement have highlighted the need, in the very short term, to increase and reorient public and private funding towards the sectors necessary for the low-carbon transition, while reducing the flow of unfavorable climate finance.

Although these projects are implemented by a wide range of project promoters, governments, financial institutions, and especially public development banks, have an essential role to play. However, even the magnitude of their task is difficult to estimate: the volumes and complexity of finance flows make it difficult to assess the current situation of financing flows, and of the gap that needs to be bridged to achieve carbon neutrality.

I4CE, the Climate Policy Initiative (CPI) and Public development banks such as the French Agency for Development (AFD), the Inter-American Development Bank (BID) have launched several initiatives aimed at assessing the level of progress of countries with regard to the low-carbon transition, with the aim of supporting the scale-up of investments and expenditure needed to achieve national emissions reductions objectives.

Some of the tools that can be mobilized by development banks, such as climate investments landscapes, green budgeting, and PEFA Climate will be discussed in the first half of this webinar ; in the second half, the French Development Agency, the Inter-American Development Bank and GIZ will provide insights as to how these tools can be mobilized to accelerate the green financial and budgetary transition.

Agenda

16h30-16h35: Welcome & Introduction I4CE and AFD

16h35-17h10: Part 1: Short presentations on the relevant tools that are being developed

Panel discussants:

  • I4CE – Sebastien Postic
  • Climate Policy Initiative – Baysa Naran
  • PEFA Climate – Guillaume Brule

17h10- 17h50: Part 2: Panel discussion: implementation and prospects

How can these tools be mobilized by development banks to i) accelerate public action: and ii) reorient funding flows ?

Panel discussants:

  • AFD – Nicolas Lecrivain
  • IADB – Raul Delgado
  • GIZ – Ursula Stiegler

17h50-18h00: Conclusion

 

Finance in Common Summit and London Climate Action week Side-event

If you are interested in the strategic perspective of the role of Multilateral Development Banks in 2021 to build back better and ensuring a green recovery, you may be interested in the event of our colleagues from E3G. Right before our event at 2:30 pm GMT, their webinar will explore the question: What needs to happen in the MDB and wider climate finance sphere to set course for a global green recovery and contribute to the success of  COP26?, featuring government speakers, MDB representatives and the civil society perspective.

19 Nov 2020

Webinar | How can development banks accelerate the green financial and budgetary transition

I4CE Contacts
Louise KESSLER, PhD
Louise KESSLER, PhD
Program Director - Economics Email
Sébastien POSTIC, Phd
Sébastien POSTIC, Phd
Project Manager – Industry, Energy and Climate Email
To learn more
  • 07/12/2018 Blog post
    I4CE takes action in Tunisia to raise awareness in the banking sector

    On Wednesday 11 July in Tunis, Romain Hubert, climate finance specialist at I4CE, participated in a climate risks and opportunities training day for banking sector actors.

  • 02/14/2022 Blog post
    Finance: I4CE’s recommendations to the Basel Committee

    The Basel Committee is finally taking up climate issues! Founded in 1974, this forum which brings together the financial supervisors of the G20 countries and which provides the main guidelines for guaranteeing financial stability has been absent from climate issues since Donald Trump’s mandate. It recently published a first consultative document on the principles of climate risk management and supervision. Julie Evain presents the recommendations addressed by I4CE to the Basel Committee.

  • 10/09/2015
    Lessons from the use of climate-related decision-making standards and tools by DFIs to facilitate the transition to a low-carbon, climate-resilient future

    Paper two in I4CE’s research project on the standards, tools and metrics to support the mainstreaming of ‘Low-Carbon Climate-Resilient’ growth pathways into activites of development finance institutions. The integration or ‘mainstreaming’ of climate change into development finance decisions poses a broad number of operational challenges. Drawing from the current practice of Development Finance Institutions (DFIs), […]

See all publications
Press contact Amélie FRITZ Head of Communication and press relations Email
Subscribe to our mailing list :
I register !
Subscribe to our newsletter
Once a week, receive all the information on climate economics
I register !
Fermer