Revealing policy practices to guide the transition to inclusive and resilient low-carbon economies
Inclusive green finance is a new and evolving policy area in which Alliance for Financial Inclusion (AFI) member institutions are beginning to devise and implement policies, regulations and national strategies to mitigate or build resilience to the sweeping environmental, health, social and economic effects of climate change. There is still much to learn, but policymakers and regulators are finding there is often no need to reinvent the wheel. The report outlines:
How financial inclusion builds resilience to climate change.
Why central banks and financial regulators play a critical role in National Climate Policy Development.
The 4P Framework of Inclusive Green Finance: Provision, Promotion, Protection and Prevention.
This report takes stock of the current state of practice in the AFI network and the national strategies, policies and regulations beginning to guide the transition to low-carbon economies and build resilience to climate change. From climate risk insurance to lending programs for green products and technologies, these efforts fall within four key policy pillars of inclusive green finance.