Action plan to mobilize climate finance

by European Bank for Reconstruction and Development

The complete report, which was published in November 2021, is available at

https://www.ebrd.com/news/2021/at-cop26-ebrd-launches-plan-to-mobilise-private-capital-for-climate-finance.html

Excerpt:

Adapting to a changing climate and reengineering economies to shift to a zero-carbon model requires investment of unprecedented speed and scale. While much of this finance will come from the public sector, private climate finance will also be essential both to delivering the necessary volume of capital and to providing the innovation on which the transition depends.

The European Bank for Reconstruction and Development (EBRD) is a private-sector, climate action-oriented multilateral development bank. It has committed to channeling more than 75 per cent of its finance to the private sector and more than 50 per cent of its finance to green proje