Financing Green Growth: A Review of Green Financial Sector Policies in Emerging and Developing Countries

This study highlights the role of the entire financial system in the transition to a green economy and reviews green financial sector policies in emerging and developing economies. It focuses on the political and legal framework conditions, which are essential for a successful financing for green growth. On the basis of ten case studies in emerging and developing countries, the study investigates which strategies, policies and specific policy instruments have been applied at the national level, and how these have directly or indirectly influenced the actions of organisations operating in the financial sector. The study also aims to provide an analytical framework for key stakeholders (governments, donor institutions and the private sector), providing guidance before initiating and building a conducive framework for financing green growth.