EBRD & IFI partners launch climate finance video campaign ahead of COP27
The EBRD and numerous international financial institutions (IFIs) are for the first time launching a joint video campaign, Investing for a greener world, to showcase their role in facilitating climate change solutions, ahead of COP27.
The group of IFIs includes the European Bank for Reconstruction and Development, African Development Bank, the Asian Development Bank, the Asian Infrastructure Investment Bank, the Black Sea Trade and Development Bank, the Caribbean Development Bank, the Council of Europe Development Bank, the European Investment Bank, the Inter-American Development Bank, the Islamic Development Bank, the New Development Bank, the Nordic Investment Bank and the World Bank Group.
The joint video aims to raise awareness of the impact of the IFIs’ climate action work through the personal stories of beneficiaries, from Saint Lucia to the Philippines, Romania and Uganda.
Together, the participating institutions have a global reach, across Africa, Asia and the Pacific, Europe and the Americas, Cumulatively, they invest billions each year in climate change mitigation and adaptation programmes, providing a collective green response that is fast and transformative.
This adds crucial firepower to tackling global warming and extreme weather wherever it occurs. Their combined impact drastically cuts CO2 emissions, promotes awareness about climate solutions and benefits millions of people.
As strong allies for low carbon pathways, the IFIs help the countries in which they invest to seize the economic and social opportunities presented by the transition to a greener world.
As investors and partners, they catalyse private sector mobilisation and facilitate policy reforms conducive to greener practices.
They also cooperate across regions to enable an exchange of knowledge and to deliver projects in response to the varied development needs of the economies in which they operate.
