UNFCCC Conference of Parties 26 (COP26)
Banking on Green: The role of green banks and development finance institutions in mobilizing
private investments into climate solutions.
- Date: November 3, 2021
- Time: 9:30-11:00am and 12:30-2:00pm (GMT)
- Location: Australian Pavilion Blue Zone, Glasgow Scotland
This is a hybrid in-person/virtual side event at the 26th UN Climate Change Conference of the Parties (COP26).
To achieve deep decarbonization and a pathway to 1.5˚ C, investment in new projects and technologies is essential. Public finance is critical yet insufficient, and to meet the challenge relatively small amounts of public investment must do a better job at mobilizing much larger sums of private investment. At the same time, we need innovative financial instruments and partnerships that promote country ownership for scaling up private investments.