The Green Fiscal Policy Network organizes regional workshops and other events on topics related to the role of fiscal policies in the transition to an inclusive green economy. Information on upcoming, recent and past events organised by the Network, our partners and other organisations can be found below.
The Paris Agreement calls for all financial flows to be “consistent with a pathway towards low GHG emissions and climate-resilient development.” In practice, scaling up private finance and redirecting public investment will be key. Two promising areas are blended finance and effective fiscal policy. On one hand, by using a combination of sources of concessional funding to leverage private investment, blended finance instruments are delivering both attractive returns to private investors and climate outcomes. On the other hand, effective fiscal policy and the mobilization of Sovereign wealth funds can channel significant flows of public resources for climate finance, while avoiding the crowding out and incentivizing the private finance. This side event at the COP24, jointly organized by the Green Fiscal Policy Network, Climate Policy Initiative (CPI), and the Institute for Climate Economics (I4CE) will highlight real-world examples mobilizing public and private capital for climate action.