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International Climate Finance

Catalysing low carbon and resilient development

The transition to a low-emission and climate-resilient development pathway requires the mobilisation of diverse sources of finance, public and private, and both domestic and international. Parallel efforts are needed in building a supportive international financial ecosystem, and in developing effective National Finance Strategies.

E3G’s International Climate Finance Programme is working to deliver outcomes at both levels by engaging developing countries on the design and implementation of National Finance Strategies and through key initiatives to shape an effective international ecosystem for climate finance.

National Finance Strategies emerge from processes in which countries identify investment needs as well as sources of finance and the instruments to help deliver objectives within their climate change plans and increase their ambition. Through this bottom-up approach, countries are better placed to understand their circumstances and identify how international support can have the greatest catalytic impact. It also provides a knowledge base to engage more broadly with other countries, donors, key financial organisations and the private sector.

E3G is capturing lessons generated through in-country work and translating and amplifying these lessons within international fora. Processes that we are actively engaged in include the Green Climate Fund and its Private Sector Advisory Group, the UNFCCC Standing Committee on Finance and the OECD task team for tracking climate finance. E3G has also embedded learning from National Finance Strategies in the LEDS Global Partnership and its regional LAC Platform, the Green Growth Best Practice initiative and the ACT 2015 approach on finance for a Paris post 2015 agreement. 

Sustainable Infrastructure and the Multilateral Development Banks: Changing the Narrative

The growing risks from climate change impacts means that all new infrastructure must be compatible with the Paris Agreement and the Sustainable Development Goals (SDGs). Luckily, new solutions are emerging driven both by technology change and the low-carbon revolution. But current infrastructure policy and regulation is too fragmented to effectively...