The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States.
The Overseas Private Investment Corporation (OPIC) was the United States Government's Development finance institution until it merged with the Development Credit Authority (DCA) of the United States Agency for International Development (USAID) to form the U.S. International Development Finance Corporation (DFC). OPIC mobilized private capital to help solve critical development challenges and in doing so, advanced the foreign policy of the United States and national security objectives.
The Global Environment Facility (GEF) is a multilateral environmental fund that provides grants and blended finance for projects related to biodiversity, climate change, international waters, land degradation, persistent organic pollutants (POPs), mercury, sustainable forest management, food security, and sustainable cities in developing countries. It is the largest source of multilateral funding for biodiversity globally, and distributes more than $1 billion a year on average to address inter-related environmental challenges.
Adil Najam is a Pakistani academic who also serves as the President of WWF, the Worldwide Fund for Nature, and is Dean Emerıtus and Professor of International Relations and Earth and Environment at the Pardee School of Global Studies at Boston University. He was the founding Dean of the Pardee School from its creation in 2014 until 2022, when he was awarded the status of Dean Emeritus by Boston University. Previously he had served as vice-chancellor of the LUMS ın Lahore, Pakıstan.
The Climate Investment Funds (CIF) was established in 2008 as a multilateral climate fund in order to finance pilot projects in developing countries at the request of the G8 and G20. The CIF administers a collection of programs with a view to helping nations fight the impacts of climate change and accelerate their shift to a low-carbon economy. Through contributions from 14 donor countries, CIF supports more than 350 projects in 72 low and middle-income countries on the frontlines of the climate crisis.
Pascal Canfin is a French politician of La République en marche (LREM) who has been serving as a Member of the European Parliament (EUP) since 2019. In the 2019 elections for the UE Parliament, he was elected in the list of Renew Europe group and serves as chair of the Environment, Public Health and Food Safety Committee; following his initiative, the European Parliament declares in December 2019 a "climate state of emergency"
Rosina M. Bierbaum is currently the Roy F. Westin Chair in Natural Economics and Research Professor at the University of Maryland's School of Public Policy. She is also a professor and former dean at the University of Michigan School of Natural Resources and Environment (SNRE). She was hired in October 2001, by then-University of Michigan President, Lee Bollinger. She is also the current Chair of The Scientific and Technical Advisory Panel (STAP) that provides independent scientific and technical advice to the GEF on its policies, strategies, programs, and projects.
A Green bond is a fixed-income financial instruments (bond) which is used to fund projects that have positive environmental and/or climate benefits. They follow the Green Bond Principles stated by the International Capital Market Association (ICMA), and the proceeds from the issuance of which are to be used for the pre-specified types of projects.
The Fletcher School of Law and Diplomacy is the graduate school of international affairs of Tufts University, in Medford, Massachusetts. Fletcher is one of America's oldest graduate schools of international relations and is well-ranked in its masters and doctoral programs. As of 2017, the student body numbered around 230, of whom 36 percent were international students from 70 countries, and around a quarter were U.S. minorities. The school's alumni network numbers over 9,500 in 160 countries, and includes foreign heads of state, ambassadors, diplomats, foreign ministers, high-ranking military officers, heads of nonprofit organizations, and corporate executives. It is consistently ranked as one of the world's top graduate schools for international relations.
Sustainable Energy for All (SEforALL) is an international organization working in partnership with the United Nations, leaders in government, the private sector, financial institutions and civil society with as goal to drive further, faster action toward the achievement of Sustainable Development Goal 7, which calls for universal access to sustainable energy by 2030, and the Paris Agreement, which calls for reducing greenhouse gas emissions to limit climate warming to below 2 °C.
Climate finance are funding processes for investments related to climate change mitigation and adaptation. The term has been used in a narrower sense to refer to transfers of public resources from developed to developing countries, in light of their UN Climate Convention obligations to provide "new and additional financial resources". In a wider sense, the term refers to all financial flows relating to climate change mitigation and adaptation.
Audrey Joy Grant is the current governor of the Central Bank of Belize. She was a Belizean Senator and the head of the Ministry of Energy, Science & Technology, and Public Utilities. After beginning her career in economic development projects, she became an environmental conservationist and developed numerous projects throughout the Caribbean region to protect forests and marine life.
Inger Andersen is a Danish economist and environmentalist. In February 2019, she was appointed as the Executive Director of the United Nations Environment Programme.
William R. Moomaw is the Professor Emeritus of International Environmental Policy at the Fletcher School, Tufts University. Moomaw has worked at the intersection of science and policy, advocating for international sustainable development. His activities have included being a long-time contributor to the Intergovernmental Panel on Climate Change and an author on the seminal "Perspective" paper on proforestation.
Patrick V. Verkooijen is the CEO of Global Center on Adaptation. In this role he works closely with Ban Ki-Moon, architect of the Paris Agreement as 8th Secretary-General of the United Nations and Chairman of the Board of GCA. He also managed the Global Commission on Adaptation chaired by Ban and co-led by Kristalina Georgieva and Bill Gates. Prior to this role, he was the World Bank Special Representative for Climate Change.
The European Green Deal, approved in 2020, is a set of policy initiatives by the European Commission with the overarching aim of making the European Union (EU) climate neutral in 2050. The plan is to review each existing law on its climate merits, and also introduce new legislation on the circular economy, building renovation, biodiversity, farming and innovation.
Damilola Ogunbiyi is a global leader and advocate for the achievement of the Sustainable Development Goals (SDGs) with a focus on SDG7, which calls for access to reliable, affordable, sustainable, and modern energy for all by 2030. She is the Chief Executive Officer of Sustainable Energy for All, the Special Representative of the UN Secretary-General for Sustainable Energy for All, and Co-Chair of UN-Energy.
Sustainable Development Goal 7 is one of 17 Sustainable Development Goals established by the United Nations General Assembly in 2015. It aims to "Ensure access to affordable, reliable, sustainable and modern energy for all." Access to energy is an important pillar for the wellbeing of the people as well as for economic development and poverty alleviation.
Sustainable finance is the set of financial regulations, standards, norms and products that pursue an environmental objective. It allows the financial system to connect with the economy and its populations by financing its agents while maintaining a growth objective. The long-standing concept was promoted with the adoption of the Paris Climate Agreement, which stipulates that parties must make "finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development." In addition, sustainable finance had already a key role to play in the European Green Deal and in other EU International agreements, but since the COVID-19 pandemic its role is even more important.
