2017- All Day
Within the context of the German G20 Presidency, the OECD is undertaking a major new project on ‘Growth, Investment and the Low-carbon Transition: Constructing a Climate-resilient Future’. As part of this study, the OECD Development Co-operation Directorate organised an interactive roundtable discussion that bring together a small group of high-level experts from development finance institutions and development banks.
The aim of this meeting was to discuss OECD analysis and policy recommendations for G20 governments on how to strengthen the role of development finance providers in promoting climate action and innovative financing instruments to mobilise private sector capital for low-carbon, climate-resilient infrastructure.
Eugene Zhuchenko, Executive Director of LTIIA, participated in the discussion stressing success factors for mobilizing private sector capital. He mentioned the importance of greater convergence between different ESG standards and platforms; the need to build and disseminate knowledge about the financial impact of green and responsible investing; and the critical role that benchmarking data can play in unlocking green investment opportunity in emerging markets, where a lot depends on right-placing public and private financing.
Continuing the discussions started at the Green Finance Workshop convened by OECD in November 2016, this meeting was organised in collaboration with the International Development Finance Club (IDFC) and European DFI Association (EDFI).