Financing the green transition

Bond Principles into their financing needs. As a result, bond proceeds are not necessarily being used in ways that respect these principles.

The second big transition-financing opportunity is in blended finance, or collaborative schemes that raise private capital for public goods. These initiatives bring together a wide range of public and private stakeholders, including multilateral organisations, to finance projects with deep environmental and social impacts. Moreover, the blended approach helps to scale up and de-risk projects and optimise their funding.

Such projects aim to make an entire ecosystem virtuous, whether at the level of a single forest or an entire region or country. From the outset, these initiatives must bring together the stakeholders that set the standards and those that deliver ecological and social projects locally . Big data and digital technologies will play an essential role in ensuring transparency, measuring progress, and making green transitions successful and scalable. Robust, reliable data and methodologies will build credibility, confidence, and trust among all parties and facilitate transition journeys. In that respect, the relationship between digital innovation and “green fintech” has a promising future.

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