On 17 November 2021 (1:00 - 2:30 PM EAT, UTC +3), Poverty-Environment Action for Sustainable Development Goals (PEA) organized the 5th in its 2021 webinar series, a webinar on green private finance, endeavoring to better define what we mean by green private finance and to present some of the relevant tools available from UNDP and UNEP. The webinar also aimed at encouraging PEA country level staff to consider discussing these tools with government counterparts with a view to including these or related green private finance work in the subsequent year’s PEA annual work plans. Additionally, the webinar envisaged to promote private green finance in the Poverty Environment Action for SDGs (PEA) programming, in the UN system and among development partners.
Green Finance is broader than Climate Finance in that it also addresses other environmental objectives such as natural resource conservation, biodiversity conservation, and pollution prevention and control. The concept of private green finance refers to actions undertaken by governments and private entities that mobilizes and aligns private financing for economic activities that are supportive of environment improvement, climate change mitigation and more efficient resource utilization. These economic activities include the financing, operation and risk management for activities in areas such as environmental protection, energy savings, clean energy, green transportation, green buildings as well as environment-oriented financial products or services, such as loans, credit cards, insurances or bonds.
The recorded webinar is accessible on YouTube as linked below:
Attachments:
Photos : 2021 webinar series - #5/2021, Green financing in private investment