Green Banking - Capacity Building for Green Energy and Climate Finance
As of: September 2021
In developing and emerging countries, financial resources for expanding sources of renewable energy and for energy efficiency measures are often lacking, since banks and investors lack expertise in such technologies. The end result is that risks are overestimated and projects do not come to fruition. The Green Banking initiative tackles this problem by offering an extensive programme of scholarships and further training that covers all aspects of renewables financing. A key programme focus is training to become a certified ‘Green Banking Specialist’, which is aimed at bank employees and independent investors. The course is also supplemented by a train-the-trainer programme to ensure long-term knowledge transfer into banks and financial institutions. Following the successful rollout of the ‘Green Banking’ training programme in Asia, it is now being set up in Latin America and three countries in northern Africa.
State of implementation/results
- The Green Banking project has been successfully implemented in Southeast Asia over the past three years and will now be continued in Latin America until 2022.
- Over 600 participants from financial institutions, project developers and public institutions in Southeast Asia have so far received one of the popular scholarships to participate in one of five training formats.
- The project duration in Southeast Asia ended in April 2019 and was concluded with alumni conferences in all partner countries.
- In October 2018 and February 2019, Capacity Needs Assessment trips to the countries were undertaken with reference to the project region Latin America in order to publicise the project locally and to measure the country-specific need for capacity-building measures. In 2020 all seminars where successfully held via virtuell meetings.