To meet the ambitious goals of the 2030 Agenda and the Paris Agreement, we need to significantly shift and scale up green finance and investment. Large-scale private sector engagement and investment in developing countries will be needed to drive their transition to low-carbon and climate-resilient economies. Development finance can play a critical role, catalysing, leveraging and guiding this investment. But to ensure that approaches are effective and that they deliver results, decisions need to be informed by a clear understanding of what works – and what doesn’t.
The OECD Development Assistance Committee (DAC) promotes effective approaches to climate change, environment and development. It convenes diverse development actors to share good practice encourage collaboration, fuel dialogue and advise on norms and standards. Finally, it pilots new approaches and monitors progress to promote mutual learning and underpin meaningful results.
WHAT'S NEW
Financing Climate Futures: The role of National Development Banks in Brazil and South Africa
See the webcast from the 2017 Forum of the OECD Centre on Green Finance and Investment
OECD's Centre on Green Finance and Investment
EVENTS
|
|
||
|
13 November 2017 |
Bonn |
Blended finance for climate action: How to mobilise commercial finance at scale (COP23 side event) |
|
11 November 2017 |
Frankfurt |
Roundtable discussion on ‘Development banks and DFIs: scaling up green investment in developing countries' (Coming soon) |
|
26 June 2017 |
Mexico City |
Workshop on 'National Development Banks and Green Banks - key institutions for mobilising finance' |
|
22 February 2017 |
Paris |
|
|
9 November 2016 |
Marrakesh |
|
|
5 November 2016 |
Casablanca |
Roundtable Scaling up climate investment through NDBs, MDBs, and DFIs (invitation only) |
|
20 October 2016
|
Paris |
Infrastructure Financing for Sustainable Development: Challenges and opportunities in applying blended finance approaches |
|
14-15 October 2016 |
Tokyo |
|
|
1 March 2016 |
Paris |
Workshop on Development Co-operation and Private Sector Engagement for Green Growth |
|
3 November 2015 |
Paris |
Joint AFD-IDB-OECD Workshop on Local Financial Institutions (LFIs) and green finance |
WORKSTREAMS
|
Development banks and development finance institutions Development banks and development finance institutions (DFIs) - publicly owned financial institutions with a specific development mandate - are critical for mobilising green finance and investment. OECD collates evidence on the role of these important actors, and provides policy advice for governments on how their role can be strengthened |
Development co-operation and private sector engagement Key international agreements in 2015 have all recognised the essential role of the private sector in ensuring sustainable social, economic and environmental outcomes. The OECD provides policy guidance on how development co-operation providers can more effectively engage the private sector for development, drawing on peer learning reviews. |
|
Blended finance for sustainable development and climate action In the context of Sustainable Development Goals (SDGs), blended finance has a critical role in strategically using development finance and philanthropic fund to mobilise additional capital flows from private and public sources into emerging and frontier markets in order to foster sustainable development. The OECD's work on blending includes supporting the Sustainable Development Investment Partnership (SDIP). |
Tracking private climate and green finance The OECD-DAC is measuring and monitoring non-ODA financial flows, including instruments that engage the private sector, and their mobilisation effect. The OECD-hosted Research Collaborative on Tracking Private Climate Finance brings together partners to test methods and approaches to track private climate finance. Combined with OECD-DAC work to improve the quality, coverage and use of climate-related development finance to provide a more comprehensive picture of public and private flows. |
|
Blended finance for sustainable development and climate action In the context of Sustainable Development Goals (SDGs), blended finance has a critical role in strategically using development finance and philanthropic fund to mobilise additional capital flows from private and public sources into emerging and frontier markets in order to foster sustainable development. The OECD's work on blending includes supporting the Sustainable Development Investment Partnership (SDIP). |
|
PUBLICATIONS AND WORKING PAPERS
|
Mobilising financing for the transition, in OECD report Investing in Climate, Investing in Growth |
|
Engaging the Private Sector for Green Growth and Climate Action: An Overview of Development Co-Operation Efforts, OECD Development Co-operation Working Papers, No. 34 |
| Development co-operation policy brief: Private Sector Engagement to Address Climate Change and Promote Green Growth |
| Private sector engagement for sustainable development: lessons learned from the DAC |
| Official development finance for infrastructure: Support by multilateral and bilateral development partners, OECD Development Cooperation Working Papers, No. 25 |
ARTICLES AND BLOGS
|
Bridging the green investment gap in Latin America: what role for national development finance institutions?, OECD Development Matters, November 2017 |
| Op-ed Getting Climate Infrastructure Right - a stronger role for development banks, Devex, June 2017 |
|
Build more, build right: development finance, infrastructure and climate change, OECD Observer No. 304, November 2015 |
FURTHER READING
| OECD Centre on Green Finance and Investment |
| DCED Green Growth Working Group |
| The OECD Social Impact Investment Initiative |
Related Documents