Client: European Investment Bank
Duration: 2023-2026
Region: Worldwide
Country: Worldwide
Solutions: Climate Environment Governance
The window of opportunity to meet the 1.5°C Paris Agreement goal is rapidly closing. Recent trends indicate that the gap between where we are and where we should be is widening. Through their Nationally Determined Contributions (NDCs), countries communicate actions they will take to reduce their greenhouse gas emissions. However, commitments themselves are not enough. Due to the limited availability of funds for climate finance in developing countries, it is necessary to expand climate finance for zero-carbon investments domestically and through international cooperation.
The Green Gateway promotes net zero and climate-resilient financial systems that ultimately will enable the private sector in deploying climate-related and environmentally sustainable investments.
DAI supports the European Investment Bank in establishing the conditions and local capacity conducive to unlocking green investments in eight to 10 countries in Africa, the Middle East, the Caribbean, Eastern Europe, and the Western Balkans.
We provide capacity building and support to central banks and supervisors introducing best lending practices, procedures, processes, and products for green financing.
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