German G20 Presidency launches GreenInvest platform to engage developing countries on green finance needs and opportunities

Categoría: Actualidad Publicado: Viernes, 13 Enero 2017

11 January 2017 - As part of Germany's G20 Presidency, the Federal Ministry for Economic Cooperation and Development (Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung, abbreviated to 'BMZ') is advancing the 'GreenInvest' dialogue platform in order to engage developing countries in the mainstreaming and mobilisation of green finance.

A first consultation of developing countries under the GreenInvest platform was held in Singapore on 9 and 10 January with participants from some 25 developing countries.

BMZ' Parliamentary State Secretary, Thomas Silberhorn said: "Within the German development cooperation, we are placing a strong emphasis on supporting our partners in building local financial systems and framework conditions to mobilize and shift private investments towards a sustainable future. GreenInvest is an excellent vehicle to advance our joint understanding and setting the stage for scaled-up action on green finance."

Continue reading

Visto: 2637