Landscape of Climate Finance: Promoting debate on climate finance flows in Central Europe
https://www.pexels.com/photo/clear-light-bulb-planter-on-gray-rock-1108572/
[relevant_sector]
https://www.pexels.com/photo/clear-light-bulb-planter-on-gray-rock-1108572/
The project has been completed. It integrated climate-related financial analyses to a greater extent into the strategic decision-making processes of Polish politicians and investors. It organised and facilitated dialogues between national and international actors in the public and private sector, conducted analyses and provided concrete policy advice.
Context
The transition to a low-carbon economy requires an unprecedented restructuring of financial flows in favour of sustainable investment.
The project was based on a project in France that produced a detailed overview of French climate finance and that linked these findings closely with the national strategy development and planning processes. This kind of analysis provides an opportunity to improve coordination of the incentives offered in the climate policy conditions of the EU and its member states to promote investment and to use funds.
The project establishes dialogue between national and international public and private actors. Photo: https://www.pexels.com/photo/clear-light-bulb-planter-on-gray-rock-1108572/
Project
The project focused on Poland. Key prior experience was contributed from Germany and France.
The project stepped up the exchange of experience between policymakers, climate experts, the private sector and civil society to improve the way in which domestic investment conditions are assessed and shaped for the benefit of climate finance. This was followed by analyses that demonstrated the financing instruments available for achieving the climate objectives and for promoting the transition to a low-emission economy. The project partners also explored the potential for introducing forward-looking analyses and investment plans as part of the national climate strategies.
Results
– Publication of three documents on the systemic approach in climate finance and investment tracking
– Analysis of the climate finance landscape in the Polish building sector: Public and private funding was mapped out. Funding totalling around 23 billion Polish zloty (equivalent to around EUR 5.2 billion) was spent on low-carbon investment in the building sector in Poland between 2014 and 2019
– Policy advice in Poland: The results of climate finance mapping for the Polish building sector were fed into work on Poland’s long-term renovation strategy and were cited in that strategy
– Contribution to a side event on the topic of climate finance at the UN Climate Change Conference in 2018 in Katowice
Success Stories
Where’s my Green Money at?
The “Landscape of Climate Finance” project team managed to map approximately 23 billion Polish Złoty (5.2 billion Euro) of public and private funds allocated for low-carbon investments in the buildings sector in Poland between 2014 and 2019. The findings threw more light on the matter: Amongst other things they were utilised as an input for the national long-term renovation strategy in Poland.
Project information
Updated: September 2021
Countries: France, Germany, Poland
Project duration: 09/18 - 10/20
Funding: 161,055 €
Target groups: Civil Society, Governments, Private sector
Implementing organisation:
WiseEuropa
Project Partners:
Institute for Climate Economics (I4CE), NewClimate Institute
Project Website:
wise-europa.eu/en/land...
Contact Person
Mr Aleksander Śniegocki
Organisation: WiseEuropa
EUKI
This project is part of the European Climate Initiative (EUKI). EUKI is a project financing instrument by the German Federal Ministry for Economic Affairs and Climate Action (BMWK). The EUKI call for project ideas is implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. It is the overarching goal of the EUKI to foster climate cooperation within the European Union (EU) in order to mitigate greenhouse gas emissions.
Contact
European Climate Initiative (EUKI)
Potsdamer Platz 10
10785 Berlin – Germany
Tel.: +49 (0)30 338424 570
info∂euki.de