Global influencers initiative on shifting financial flows
As of: March 2019
Objective and activities
The project aims to support the shift of financial flows to low carbon development, and will engage stakeholders in SEA, specifically Indonesia, the Philippines and Vietnam. National engagement seeks to activate the creation of national policy initiatives, which shift finance into low carbon development: Political economy mapping will be undertaken in each country and will inform high-level stakeholders convening to generate national policy initiative recommendations. In close collaboration with in-country stakeholders, we will work on deeper engagement in at least one country, to further support domestic policy initiatives.
State of implementation/results
The Shift Southeast Asia (SHIFT SEA) project encourages the shift of financial flows away from fossil fuels into low carbon energy in Vietnam, the Philippines and Indonesia.
- Combining the expertise of several local and international organizations, the project engages with a variety of stakeholders through research, high-level convenings, coalitions and capacity building to influence policy making and investment frameworks in favor of sustainable energy Solutions.
- An assessment of international financial institutions’ investment flows and a commercial banks’ review of positive regulations for financing clean energy complements the projects’ efforts to support countries in fulfilling their commitments to the Paris Climate Agreement and accelerate sustainable growth.
- More: #SHIFTSEA; www.seforall.org/…