Supporting the transition to a low-carbon and climate-resilient economy: the role of climate finance

Explore the crucial role of climate finance in supporting the transition to a low-carbon and climate-resilient economy in this study. As highlighted in the Paris Agreement, how can financial institutions improve risk assessment frameworks and allocate capital effectively for mitigation and adaptation finance? Discover the challenges in developing green finance, such as internalizing externalities and addressing maturity mismatch. The study also examines the contributions of multilateral development banks (MDBs) and the CEB in catalysing private sector money and defining common operational standards. Insights into the CEB's long-standing experience in green financing and its commitment to climate action and specific references to Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Georgia, Hungary, Latvia, Lithuania, Malta, Montenegro, Poland, Republic of Moldova, Romania, Serbia, Slovak Republic, Slovenia, FYROM and Turkey are provided in the document.