{"id":67693,"date":"2024-11-06T18:05:09","date_gmt":"2024-11-06T17:05:09","guid":{"rendered":"https:\/\/www.i4ce.org\/?post_type=projet&p=67693"},"modified":"2025-10-15T15:13:31","modified_gmt":"2025-10-15T13:13:31","slug":"ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing","status":"publish","type":"projet","link":"https:\/\/www.i4ce.org\/en\/projet\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\/","title":{"rendered":"Ensuring transformational results towards the climate transition: the case of public development banks and intermediated financing"},"content":{"rendered":"

Context<\/b><\/span><\/h2>\n

The next two years (2024 and 2025) will be decisive in building a reformed international financial architecture that adequately addresses the polycrisis the Global South is currently facing. <\/span>Critical decisions on how to mobilise more and better finance for climate action will be made by 2025<\/span><\/b>, when COP30 and the 4th International Conference on Financing for Development are due to take place (among other events).\u00a0<\/span><\/p>\n

 <\/p>\n

Much of the focus o<\/span>f<\/span>\u00a0the reform of the international financial architecture is on how to <\/span>mobilise more funds for climate action<\/span><\/b>, whilst avoiding increased debt burden and ensuring equitable distribution among the countries and sectors that need it most. Financial intermediation potentially has a key role to play in this respect by channelling existing funds and leveraging additional funds towards activities that contribute to transforming <\/span>local<\/span>\u00a0econom<\/span>ies. <\/span>\u00a0<\/span><\/p>\n

 <\/p>\n

Many international PDBs <\/span><\/span><\/span>rely strongly on financial intermediation to deliver postive impact on the ground. In 2019, several <\/span><\/span><\/span>MDBs <\/span><\/span><\/span>(<\/span><\/span><\/span>including EBRD and EIB<\/span><\/span><\/span>)<\/span><\/span><\/span> commi<\/span><\/span><\/span>tted <\/span><\/span><\/span>over<\/span><\/span><\/span> one third of their<\/span><\/span><\/span> funds through financial intermediation (<\/span><\/span><\/span>with these amounts reaching <\/span><\/span><\/span>up<\/span><\/span><\/span> to <\/span><\/span><\/span>63% f<\/span><\/span>or <\/span><\/span><\/span>IFC<\/span><\/span>)<\/span><\/span>.<\/span> Financial intermediation has gained significant momentum over recent years and is increasingly seen as a promising avenue to <\/span>mobilise<\/span> finance at scale as it channels funds to a larger number of economic actors that would otherwise not <\/span>benefit<\/span> from climate or development finance.<\/span><\/span>\u00a0<\/span><\/p>\n

 <\/p>\n

By fostering the engagement of the broader financial system, financial intermediation c<\/span>ould<\/span>\u00a0also play a critical role in supporting the alignment of <\/span>all financial flows with Paris Agreement objectives, thereby <\/span>delivering positive and transformational impact across economies <\/span><\/b>and supporting the more efficient use of scarce public funds.<\/span> \u00a0<\/span><\/p>\n

 <\/p>\n

In response,<\/span>\u00a0P<\/span><\/b>ublic <\/span><\/b>D<\/span><\/b>evelopment <\/span><\/b>B<\/span><\/b>anks (PDBs) have developed methodologies to assess and guide the Paris alignment of all their operations<\/span><\/b>, including the requirement to align the use of intermediated proceeds or ensure that financial <\/span>intermediaries (FIs) <\/span>are taking credible steps to align their own operations with the Paris Agreement. These methodologies, however, have room for improvement. <\/span>\u00a0<\/span><\/p>\n

 <\/p>\n

In addition, the <\/span>impact of financial intermediation has been blurred and slowed down by one-size-fits-all practices<\/span><\/b>. Reporting of impacts through financial intermediaitions has largely relied on volumes of climate finance and some incomplete and inconsistent impact metrics which are inadequate to assess and drive up positive economic impacts. <\/span>\u00a0<\/span><\/p>\n

 <\/p>\n

Objectives<\/span><\/h2>\n

The overall goal is to determine <\/span>to what extent<\/span><\/i> and <\/span>in what manner<\/span><\/i> financial intermediation can maximise the impact of public <\/span>funds on the transformation of the real economy. It is broken down into specific objectives:<\/span>\u00a0<\/span><\/p>\n

 <\/p>\n

    \n
  • Identify the <\/span>most adequate levers for engaging with different types of FIs<\/span><\/b> (in terms of processes and instruments), while pursuing positive climate results.\u00a0<\/span>\u00a0<\/span><\/li>\n
  • Clarify the conditions<\/span><\/b> (taking into account size, sector, geography, mandate of the FIs<\/span>) <\/span>under which these<\/span><\/b> levers may serve the alignment<\/span><\/b> of different types of FIs and of intermediated operations.<\/span>\u00a0<\/span><\/li>\n
  • Lay the groundwork for <\/span>more evidence-based and fit-for-purpose impact metrics<\/span>.<\/span>\u00a0<\/span><\/li>\n
  • Shed light on financial intermediation’s <\/span>relevance for transformative action<\/span><\/b>, thus supporting PDBs and their shareholders in making informed decisions on how to prioritise the use of scarce public funds.\u00a0<\/span>\u00a0<\/span><\/li>\n
  • Contribute to current debates on the reform of the international financial architecture.<\/span>\u00a0<\/span><\/li>\n<\/ul>\n

     <\/p>\n

    Period<\/span><\/h2>\n

    April 2024\u2013 May 2025<\/p>\n","protected":false},"featured_media":70484,"template":"","statut_projet":[87],"class_list":["post-67693","projet","type-projet","status-publish","has-post-thumbnail","hentry","statut_projet-current-projects"],"acf":[],"yoast_head":"\nEnsuring transformational results towards the climate transition: the case of public development banks and intermediated financing - I4CE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.i4ce.org\/en\/projet\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ensuring transformational results towards the climate transition: the case of public development banks and intermediated financing - I4CE\" \/>\n<meta property=\"og:description\" content=\"Context The next two years (2024 and 2025) will be decisive in building a reformed international financial architecture that adequately addresses the polycrisis the Global South is currently facing. Critical decisions on how to mobilise more and better finance for climate action will be made by 2025, when COP30 and the 4th International Conference on […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.i4ce.org\/en\/projet\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\/\" \/>\n<meta property=\"og:site_name\" content=\"I4CE\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-15T13:13:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.i4ce.org\/wp-content\/uploads\/2025\/02\/11.1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@I4CE_\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.i4ce.org\\\/en\\\/projet\\\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\\\/\",\"url\":\"https:\\\/\\\/www.i4ce.org\\\/en\\\/projet\\\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\\\/\",\"name\":\"Ensuring transformational results towards the climate transition: the case of public development banks and intermediated financing - I4CE\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.i4ce.org\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.i4ce.org\\\/en\\\/projet\\\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.i4ce.org\\\/en\\\/projet\\\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.i4ce.org\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/11.1.png\",\"datePublished\":\"2024-11-06T17:05:09+00:00\",\"dateModified\":\"2025-10-15T13:13:31+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.i4ce.org\\\/en\\\/projet\\\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.i4ce.org\\\/en\\\/projet\\\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.i4ce.org\\\/en\\\/projet\\\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.i4ce.org\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/11.1.png\",\"contentUrl\":\"https:\\\/\\\/www.i4ce.org\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/11.1.png\",\"width\":1600,\"height\":900},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.i4ce.org\\\/en\\\/projet\\\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/www.i4ce.org\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ensuring transformational results towards the climate transition: the case of public development banks and intermediated financing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.i4ce.org\\\/#website\",\"url\":\"https:\\\/\\\/www.i4ce.org\\\/\",\"name\":\"I4CE\",\"description\":\"Institute for Climat Economics\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.i4ce.org\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.i4ce.org\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.i4ce.org\\\/#organization\",\"name\":\"I4CE\",\"url\":\"https:\\\/\\\/www.i4ce.org\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.i4ce.org\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.i4ce.org\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/logo_I4CE-HD-qdr.jpg\",\"contentUrl\":\"https:\\\/\\\/www.i4ce.org\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/logo_I4CE-HD-qdr.jpg\",\"width\":213,\"height\":247,\"caption\":\"I4CE\"},\"image\":{\"@id\":\"https:\\\/\\\/www.i4ce.org\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/I4CE_\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/i4ce\\\/\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCLZEgZVIiYP6TSDrid7A3mQ\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ensuring transformational results towards the climate transition: the case of public development banks and intermediated financing - I4CE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.i4ce.org\/en\/projet\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\/","og_locale":"en_US","og_type":"article","og_title":"Ensuring transformational results towards the climate transition: the case of public development banks and intermediated financing - I4CE","og_description":"Context The next two years (2024 and 2025) will be decisive in building a reformed international financial architecture that adequately addresses the polycrisis the Global South is currently facing. Critical decisions on how to mobilise more and better finance for climate action will be made by 2025, when COP30 and the 4th International Conference on […]","og_url":"https:\/\/www.i4ce.org\/en\/projet\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\/","og_site_name":"I4CE","article_modified_time":"2025-10-15T13:13:31+00:00","og_image":[{"width":1600,"height":900,"url":"https:\/\/www.i4ce.org\/wp-content\/uploads\/2025\/02\/11.1.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_site":"@I4CE_","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.i4ce.org\/en\/projet\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\/","url":"https:\/\/www.i4ce.org\/en\/projet\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\/","name":"Ensuring transformational results towards the climate transition: the case of public development banks and intermediated financing - I4CE","isPartOf":{"@id":"https:\/\/www.i4ce.org\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.i4ce.org\/en\/projet\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\/#primaryimage"},"image":{"@id":"https:\/\/www.i4ce.org\/en\/projet\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\/#primaryimage"},"thumbnailUrl":"https:\/\/www.i4ce.org\/wp-content\/uploads\/2025\/02\/11.1.png","datePublished":"2024-11-06T17:05:09+00:00","dateModified":"2025-10-15T13:13:31+00:00","breadcrumb":{"@id":"https:\/\/www.i4ce.org\/en\/projet\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.i4ce.org\/en\/projet\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.i4ce.org\/en\/projet\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\/#primaryimage","url":"https:\/\/www.i4ce.org\/wp-content\/uploads\/2025\/02\/11.1.png","contentUrl":"https:\/\/www.i4ce.org\/wp-content\/uploads\/2025\/02\/11.1.png","width":1600,"height":900},{"@type":"BreadcrumbList","@id":"https:\/\/www.i4ce.org\/en\/projet\/ensuring-transformational-results-towards-climate-transition-case-public-development-banks-intermediated-financing\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/www.i4ce.org\/en\/"},{"@type":"ListItem","position":2,"name":"Ensuring transformational results towards the climate transition: the case of public development banks and intermediated financing"}]},{"@type":"WebSite","@id":"https:\/\/www.i4ce.org\/#website","url":"https:\/\/www.i4ce.org\/","name":"I4CE","description":"Institute for Climat Economics","publisher":{"@id":"https:\/\/www.i4ce.org\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.i4ce.org\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.i4ce.org\/#organization","name":"I4CE","url":"https:\/\/www.i4ce.org\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.i4ce.org\/#\/schema\/logo\/image\/","url":"https:\/\/www.i4ce.org\/wp-content\/uploads\/2022\/07\/logo_I4CE-HD-qdr.jpg","contentUrl":"https:\/\/www.i4ce.org\/wp-content\/uploads\/2022\/07\/logo_I4CE-HD-qdr.jpg","width":213,"height":247,"caption":"I4CE"},"image":{"@id":"https:\/\/www.i4ce.org\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/I4CE_","https:\/\/www.linkedin.com\/company\/i4ce\/","https:\/\/www.youtube.com\/channel\/UCLZEgZVIiYP6TSDrid7A3mQ"]}]}},"_links":{"self":[{"href":"https:\/\/www.i4ce.org\/en\/wp-json\/wp\/v2\/projet\/67693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.i4ce.org\/en\/wp-json\/wp\/v2\/projet"}],"about":[{"href":"https:\/\/www.i4ce.org\/en\/wp-json\/wp\/v2\/types\/projet"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.i4ce.org\/en\/wp-json\/wp\/v2\/media\/70484"}],"wp:attachment":[{"href":"https:\/\/www.i4ce.org\/en\/wp-json\/wp\/v2\/media?parent=67693"}],"wp:term":[{"taxonomy":"statut_projet","embeddable":true,"href":"https:\/\/www.i4ce.org\/en\/wp-json\/wp\/v2\/statut_projet?post=67693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}