Landscape of Climate Finance: Promoting debate on climate finance flows in Central Europe
The project is 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.
Project info
France, Germany, Poland
09/18 - 10/20
Civil Society, Governments, Private sector
161,055.00 €
Contact info
Aleksander Śniegocki
- WiseEuropa - Foundation Warsaw Institute for Economic and European Studies
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- Institute for Climate Economics (I4CE)
- NewClimate Institute
Background
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.
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
