Green & Resilience Banks: How Can the Green Investment Bank Model Play a Role in Scaling Up Climate Finance in Emerging Markets?
SPEAKER(S):Stacy Swann, Climate Finance Advisors, Jeff Schub, Coalition for Green Capital and Douglass Sims, NRDC
TOPICS:green banks, green resilience banks, green investment model
This webinar will feature the authors of a new policy working paper titled, "Green & Resilience Banks: How the Green Investment Bank model can play a role in scaling up climate finance in emerging markets". The paper was officially released at an official side event of COP22 in Marrakech, Morocco. The authors--Stacy Swann, Climate Finance Advisors, Jeffrey Schub, Coalition for Green Capital, and Douglass Sims, Natural Resources Defense Council--will share highlights from the report, including information about the creation and capitalization of Green Investment Banks (GIBs) across the world that have had success in attracting private capital to low carbon, climate-resilient (LCR) infrastructure investments. In addition to outlining the early successes of existing GIBs, they will give an overview of the newly released paper's insight into how the GIB model can a useful approach for countries with developing and emerging economies to consider. Because of their focus on acting at a local and transactional level, the GIB model could help countries achieve climate goals, be a locus of financial innovation, and serve as a partner for international climate and development finance providers. Their presentations will be followed by a Q&A.