Seminar on Innovative Climate Financing Mechanisms

The Seminar will be a platform to share experiences and lessons learned from initiatives undertaken by the NDF in partnership with the Inter-American Development Bank Group (IDB). These, include a variety of initiatives involving new approaches and financing mechanisms targeted for micro, small and medium-sized enterprises in climate change mitigation and adaptation.

The seminar is intended for decision makers and professionals in the area of development finance and climate change.

The following highlights will be featured:

• Latest trends on development cooperation mechanisms to address environment and climate change

• Introduction to the Climatescope: a comprehensive index that evaluates the potential of LAC countries to attract capital for low-carbon energy sources

• Challenges and opportunities of the GREENPYME Program, aimed at improving energy efficiency of Latin-American SMEs

• Overview of lessons learned from publicly backed financial instruments for energy efficiency. How financial tools can be used to catalyze private investment

• EcoMicro, a regional green microfinance program aimed at training MFIs in LAC to develop green finance products for MSMEs and low-income households

• ProAdapt, a program created to assist more than 2,000 MSMEs in LAC to adapt to climate change and to get access to green business opportunities

• African Development Bank activities linked to climate finance resources and developing green growth, with particular emphasis on private sector development

• Innovative financing and policy mechanisms for promoting rural electrification and distribution generation. Case Studies of Bolivia, Barbados, Guyana and Suriname

Moreover, the seminar will include workshops aimed to encourage participants from different regions to frame new ideas, potential collaborations and spur the birth of new financing schemes globally.