Attracting Private Climate Finance to Emerging Markets

Consultation Paper on Private Sector Considerations for Policymakers

12-11-2020

Attracting Private Climate Finance to Emerging Markets

As the COVID-19 pandemic continues to take a devastating toll around the world, the work that countries are doing to rebuild their economies also presents an unprecedented opportunity to accelerate our progress fighting climate change — including in the emerging markets that are most vulnerable to its effects.

The more we do to improve investment conditions in those markets, the more private capital we can mobilize towards projects that cut carbon emissions, grow the economy, and build resilience. The financial community has an important role to play, by actively supporting policy changes that attract investment in low-carbon projects and businesses in those markets.

To that end, the Climate Finance Leadership Initiative (CFLI), in partnership with the Association of European Development Finance Institutions (EDFI) and the Global Infrastructure Facility (GIF), are working to identify discrete hurdles to climate finance in emerging markets; support public-private dialogue around those challenges; and highlight ways for the financial sector to help strengthen investment conditions.

This collaborative working paper — called “Private Sector Considerations for Policymakers” — was drafted with the input of experienced lenders and investors. We are now inviting comments from diverse stakeholders across business, government, and civil society to ensure that this document accurately reflects the most critical considerations for attracting private climate finance in emerging markets.

We appreciate your partnership in this effort to catalyze collaboration between private finance, public finance, and policymakers.

More news

Action towards green and inclusive recovery

 News

Action towards green and inclusive recovery

12-11-2020

European DFIs announce new initiatives on climate action and inclusive finance for the African private sector in a bid to align capital flows with the SDGs and the Paris Agreement on Climate.

Read more
European DFIs and EIB launch EUR 280 million financing initiative to support Covid-19 impacted businesses

 News

European DFIs and EIB launch EUR 280 million financing initiative to support Covid-19 impacted businesses

09-11-2020

EIB and EDFI members expand existing - European Financing Partners (EFP) - financing scheme to reduce the economic impact of the Covid-19 pandemic on private sector companies in developing countries.

Read more
European Development Finance Institutions Announce Joint Ambitions for Climate Action

 News

European Development Finance Institutions Announce Joint Ambitions for Climate Action

05-11-2020

EDFI group outlines shared commitments to phase out fossil fuels and mobilise private sector climate finance, aligning with Paris Agreement and high disclosure standards.

Read more