International operations, focusing on mobilizing climate finance to support developing countries’ climate adaptation and mitigation efforts
The International Climate Finance Centre is the biggest and most influential global platform focusing on action and impact on climate, biodiversity and Green Technology.
For more than twenty years, our team has facilitated large-scale collaboration between governments, businesses, financial institutions and international organisations, accelerating the transition to a green economy. Through creating powerful cross-sectoral partnerships we foster innovation and investment for sustainable solutions in climate, biodiversity and green technology.
Turning Commitments Into Action
Through our yearly roadmap of activities, we engage, advise, and connect with our members and partners throughout the year, including high-level global events, partnership and coalition building, community engagement, and strategic insights, all aimed at maximising joint ambition and action.
Problem Statement
The Developing countries is highly climate vulnerable. The UNEP estimates approximately USD 300 billion in adaptation funding required in developing countries, despite that limited climate adaptation finance is deployed to combat the effects. Climate Finance can play a critical role in addressing the climate financing gap, however, several challenges impede Climate Finance flows, such as:
- Lack of visibility of investable green projects
- Unconducive regulatory environment
- Limited capacity and expertise in Climate Finance products
- Investor risk aversion towards green projects
Stretegic Goals for 2050
The ambition of the ICFC is to increase the contribution of green finance investments in global south by driving policy, building capacity and facilitating cross-sector collaborations. The below describes key strategic goals and priorities for the next decade:
Ecosystem Building & Partnerships:
- Actively engage with all actors of the ecosystem to identify gaps, challenges, risks, and opportunities
- Build communication channels to connect ecosystem members
- Raise awareness through continuous education and storytelling about ecosystem activity
- Act as the ecosystem orchestrator and match relevant resources and stakeholders
Regulatory Reform
- Identify and close investment policy gaps and frameworks within INTERNATIONAL countries by working closely with regulators and financial institutions
- Strengthen INTERNATIONAL countries’ capacity in building transformational frameworks and national climate strategies by incorporating broad and inclusive stakeholder engagement in policy formation
- Implement and introduce an appropriate carbon pricing mechanism for INTERNATIONAL countries, taking into consideration risks, benefits and capacity.
Private Sector Capacity Building & Mobilization
- Drive climate adaptation and increase the role of the private sector in adaptation funding for INTERNATIONAL
- Identify the most impactful area of investments for INTERNATIONAL countries in the context of regional and national needs
- Identify and design projects and programmes that support a green paradigm shift to deliver long-term climate goals and to create investable projects
- Mobilize private sector resources at scale and create de-risking vehicles and use blended finance to catalyse new private investment
- Build and strengthen capacity within local financial institutions and local financial regulators to support creation of green financial instruments
International Collaboration & Knowledge
- Promote knowledge exchange to support green transition through facilitating bilateral and multilateral networking and dialogue with key regions such as Asia, UK, US, Europe, and South America
- Build a network of researchers across academia, and the public and private sectors, to publish research and reports to accelerate adoption of green finance.
Accountability, Scoring and Reporting
- Create accountability International sures and scoring mechanism to drive greater transparency and to hold financial institutions accountable to green and net-zero commitments.