HOW IT WORKS
The program works across multiple levels — industrial facility, technology, corporate, sectoral, and national. Through the targeted use of concessional finance to address the barriers to investment, via the provision of a combination of technical assistance and investment support, this program seeks to reduce system-wide barriers to investment in low-carbon, climate-resilient business models and technologies.
Program activities will be implemented under three components:
- At the corporate and sector levels, program activities will support climate governance and strategies through policy dialogues, capacity building, and technical assistance; the integration of climate considerations into decision-making; and the deployment of climate technologies across supply chains.
- At the national or regional levels, they will facilitate dialogues on climate-resilient pathways and the implementation of policy considerations, such as energy-efficient regulation and climate-governance standards for financing.
- In the areas of monitoring, reporting, and verification, they will focus on improving current practices and organizing sector participation in national and internal policies, including through accessing green financial markets, as well as internal domestic and international climate markets.