Green Finance for Developing Countries
Needs, Concerns and Innovations
Authors: Mark Halle Maya Forstater Simon Zadek
Published By: UNEP Inquiry
Date: Jul 2016
Green Finance for Developing Countries
This report outlines key concerns and needs of developing countries in relation to green finance, particularly focusing on developing countries that are not members of the G20. It also highlights emerging innovations, drawing in particular from engagement with practitioners and regulators from Bangladesh, Colombia, Egypt, Honduras, Jordan, Kenya, Mauritius, Mongolia, Morocco, Nigeria, the Philippines, Thailand and Viet Nam, and the findings from the UNEP Inquiry’s country studies.
Green finance is a strategy for financial sector and broader sustainable development that is relevant around the world. But the context differs considerably for different countries. Developing countries, notably those with underdeveloped financial systems, face particular challenges in financing national development priorities.
Broadly, concern and action to align financing to sustainable development is concentrated in three areas:
- Preventing the financing of illicit practices or profiting from weak enforcement.
- Unlocking opportunities for green investment.
- Exploring solutions to dilemmas and trade-offs.
Individual country reports are also available for: Bangladesh, Brazil, China, Colombia, India, Indonesia, Kenya and South Africa.
Key Focus
Policy Levers:
Financial Sectors:
Performance Metrics:
Country Experience:
Related Inquiry Publications
-
The Financial System We Need: Aligning the Financial System with Sustainable Development
Oct 2015 -
Roadmap for a Sustainable Financial System
Apr 2017 -
Fintech and Sustainable Development – Assessing the Implications
Dec 2016 -
The Financial System We Need: From Momentum to Transformation
Sep 2016 -
Bangladesh Country Report
Oct 2015