The European Bank for Reconstruction and Development (EBRD) has announced plans to double the mobilization of private-sector climate financing by 2025.
The pathway to achieve this target was set out in an Action Plan on Mobilising Private Capital for Climate Finance, unveiled at COP26, the 2021 global climate summit. With this plan the EBRD will support the transition to a low-carbon economy in its countries of operations.
The EBRD’s plan spans the full range of activities to stimulate investment from green and sustainability-linked bonds through innovative financing mechanisms for industrial decarbonization, to targeted loans to support the circular economy.
At the heart is a focus on policy activities to develop a regulatory environment that makes low-carbon investments commercially viable. These activities, from the implementation of renewable energy auctions to the design of low-carbon sector pathways, are intended to trigger sustainable demand fo
