Mitigation
The International Climate Initiative (IKI) supports partner countries and their subnational stakeholders in the development and implementation of innovative instruments and actions to mitigate greenhouse gas emissions. Learn more about the efforts being made in the region.
Green Banking - Capacity Building for Green Energy and Climate Finance
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 program of scholarships and further training that covers all aspects of renewable financing. A key program 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 program to ensure long-term knowledge transfer into banks and financial institutions. Following the successful rollout of the ‘Green Banking’ training program in Asia, it is now being set up in Latin America and three countries in northern Africa.
Project data
- Scope: Global
- Country: Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama
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Duration:
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- Status: Active
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Implementing organization:
- Renewables Academy AG (RENAC)
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Political partner:
- Ministry of Energy and Mines - Nicaragua
- Ministry of Environment and Energy (MINAE) - Costa Rica
- Online:
Last update: January 2024