A Global Call to Action on Transition Finance at COP28
We call on the financial sector to take urgent action to unlock transition finance, and we acknowledge the key role that governments, issuers, and borrowers must play.
Transition Finance: From Transition Plans to Transactions
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While a focus on reducing financed emissions has helped drive capital towards low-carbon solutions, ‘transition finance’ is needed to accelerate and account for financing emissions reductions in carbon-intensive companies and sectors with credible transition plans. However, the topic of transition finance faces concerns over greenwashing, carbon lock-in, and a lack of market standardization. To move from plans to transactions at scale, safeguards are necessary to ensure transition capital is deployed credibly.
This panel will share best practices and reflect on actions outlined in an open letter from global NGOs identifying how to overcome barriers to transition finance, ensure credibility, and achieve real-world impact.
Speakers
Resources
Defining Transition Finance: Exploring Its Purpose, Scope, and Credibility
After analyzing different transition finance frameworks, we outline three key areas of debate that need to be addressed to find a common definition.
A Banker’s Guide to Maximizing Climate Impact through Multi-Level Engagement
Banks can maximize their climate-focused engagement by coordinating efforts across the client, sector, and policy levels.
Institutional Investors Can Make the Climate Transition Bloom in Latin America
New study shows that investing in climate-aligned transition funds does not mean incurring greater risk or giving up returns for institutional investors.
Metrics and Mechanisms to Finance a Managed Coal Phaseout
RMI's new reports detail the opportunities and tools available for private finance to proactively participate in the managed phaseout of coal power plants.
How to Finance a Credible Coal Transition
New guidelines address the possible pitfalls involved with financing the just transition of coal plants.
POWERPOINT: Transition Finance: From Transition Plans to Transactions
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