White Paper Launched: Development Bank’s Best Practices on Green Financing


White Paper Launched: Development Bank’s Best Practices on Green Financing

Members of The Montreal Group and experts in the SME/Green Financing ecosystem gathered in Washington, DC on October 6th to launch its green financing white paper, the day after the threshold for entry into force of the Paris Agreement was achieved. The international collaboration of these development banks for the betterment of entrepreneurs globally further plays to The Montreal Group’s emerging role as a thought leader.

 

This report, prepared on behalf of the members of The Montreal Group (TMG), provides a perspective on the role development banks (DBs) play in green financing to support mitigation and adaptation activities for micro, small and medium enterprises (MSMEs). Based on member experience in different countries, with different levels of commitment to climate policy and extent of support for climate resilient measures, the report shows the unique position occupied by DBs in mobilizing public funds towards cost-effective measures in energy efficiency, renewable energy and green infrastructure projects.

 

You can access the report by clicking here.

 

We invite you to direct any questions to the Secretariat.


You like this news?


Back to home page