Strategic Guidance for Country System Assessments (Download PDF version) - coming soon!

These Country System Guidelines aim to provide governments with a strategic and holistic assessment of their current legal and institutional frameworks, to help them understand how the global market perceives their country systems and where any gaps or short-comings might be found, under Workstream One of the ERP. 

World Bank Emissions Reduction Program: Mobilizing ERC Finance (Download PDF version) - coming soon!

A significant amount of effort has gone into quantifying the supply and demand for ERCs globally. There has been less focus on understanding the scale of investment into ERC-generating activities or analyzing the financing structures that are best suited to accelerate capital flow to ERC activities. 

In this report you will find a review the current landscape of ERC financing and key options for scaling up debt for ERC activities in EMDEs.

 

Is there a green premium in the green bond market? Systematic literature review revealing premium determinants

The green bond market is emerging as an impactful financing mechanism in climate change mitigation efforts. Studies investigating this market have revealed the notion of a ‘green premium’ or ‘greenium’ within green bond pricing, including insights into influential characteristics and drivers that govern it. However, methodological heterogeneity among these studies has resulted in general ambiguity regarding a consensus over the existence of the green premium.

Identifying the ‘greenium’: How UNDP is contributing to a more efficient cost of capital for developing countries

Global indebtedness has been growing in recent years and has been further exacerbated by the COVID-19 pandemic. Many developing countries are now facing the triple challenge of climate change, unsustainable debt burdens and COVID impacts. According to UNDP analysis: “Most vulnerable countries identified are not on the verge of a default, but rather risk facing a future of high economic and development costs of having to deal with large debt overhangs.

Emerging Market Green Bonds Report 2020: On the Road to Green Recovery

Key findings of this report:

The economic fallout caused by COVID-19 has greatly affected EMs, which will experience widely divergent recovery paths. Recovery measures could create significant opportunities for green and sustainability-related projects by prioritizing largescale public investment in green sectors and encouraging private sector investment through supportive policies.

The Role of National Development Banks in Catalyzing International Climate Finance

This publication discusses the unique role that National development banks (NDBs) could play in scaling up private financing for climate change mitigation projects through the intermediation of international and national public climate finance in their respective local credit markets and the conditions that would be needed for them to be most effective. It draws from experiences in international climate finance and best practices, processes, and products of NDBs within the Latin American and Caribbean region.

The Climate Finance Portal

This portal is a gateway to information on activities funded in developing countries to implement the United Nations Framework Convention on Climate Change (UNFCCC). The Portal presents information on financial resources that have been made available to Non-Annex I Parties to the UNFCCC, and consists of the following four modules:

National Communications Module, Fast-start Finance Module, Funds Managed by the GEF Module and Adaptation Fund Module.

 

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