Explore the crucial role of national development financial institutions (NDFIs) in mobilizing trillions of dollars needed for climate and environmental objectives worldwide. Amid economic challenges exacerbated by the COVID-19 pandemic, these institutions emerge as key players in channeling private financing to address pressing global needs.
Learn how NDFIs, armed with substantial assets and driven by socioeconomic goals, can catalyze private-sector investment in green initiatives. By efficiently managing resources and overcoming market barriers, NDFIs have the potential to unlock funding for long-term, high-risk projects crucial for environmental sustainability.
As the world races against climate change, NDFIs offer a promising pathway towards securing the necessary funding. Through collaboration with organizations like the World Bank Group and adherence to emerging guidance on environmental risk management, these institutions can maximize their impact in driving sustainable development.