Green Finance: An Innovative Approach to Fostering Sustainable Economic Development and Adaptation to Climate Change

Recognising the importance of the financial sector’s incorporation in the transformation process towards green economies, GIZ Financial Systems Development has introduced new advisory services for policymakers and financial intermediaries in the recent past, and has developed specific products and instruments to smooth the way for green growth and suitable climate change adaptation. Current activities focus on the promotion of green financial sector regulation, the build-up of capacities in financial institutions as well as the introduction of innovative financing concepts to increase the flow of funds into green investments, and the development of weather and agricultural insurance solutions.

This paper offers a snapshot of GIZ’s activities. The paper includes case studies from Tajikistan and Ghana.