The Invest4Climate platform provides a fresh means of coordinating and implementing the finance programs necessary to help countries transistion to a low-carbon future while creating jobs and prosperity in the process. 

 

Invest4Climate is designed to unite national governments, financial institutions, private sector investors, philanthropists, and multilateral banks in support of transformational climate action in line with the Paris Agreement. The platform will bring together investors with high-impact opportunities in developing countries, including the large-scale development of battery storage, electric cars, and low emission air conditioning. Invest4Climate will also facilitate green investment through the development of risk mitigation instruments and, in line with demand, will work one-on-one with national governments to improve policy environments.

 

National finance ministers, climate thought leaders, chief executives of firms, foundations, and financial institutions, and senior representatives from the UN and World Bank Group will support Invest4Climate. It will not have its own sources of funding, but will instead complement existing climate and development finance initiatives and institutions.

 

This platform will be further developed in close collaboration with partners at the forthcoming World Bank/IMF Annual Meetings and COP23. The first Invest4Climate initiatives are expected to be announced at the Climate Summit in Paris in December 2017.