Role of National Financing Vehicle in Mobilizing Climate Finance & a Look at GCF’s Private Sector Approach

Event Date & Time: Tuesday Oct 25, 2022 | 11:00 AM - 12:30 PM KST
The session will focus on what it takes to develop National Financing vehicles with Mongolia Green Finance Corporation (MGFC) as an example, share learnings of dos and don’ts and the status of MGFC.
The session will also look at the Private Sector Facility (PSF) set up by GCF. In order to scale up GCF’s activities and de-risk the delivery of capital flows, GCF has set up PSF, a dedicated division designed to fund and mobilize private sector actors, including institutional investors, project sponsors and financial institutions, GCF will share about the performance and learnings of PSF till date.
In the session on “Building the financial architecture for sustainable economic transitions, towards improving policy consistency and coordination”: We will learn about the Green Finance Platform that provides a clearinghouse of market, policy and regulatory innovations for the financial system to contribute to the transition towards a low-carbon, resilient and inclusive economy.
Lastly, Dr. Ick Jin will provide an insight on ways to link ESG investment to green and climate finance via a national financing vehicle. The session will benefit from research and learnings through his academic papers and policy reports.
11:00-11:05 | Welcome Remarks and Video – H.E. Ban Ki-moon, President of the Assembly and Chair of the Council, Global Green Growth Institute (GGGI) (video message) |
11:05-12:05 | Presentations: 1. Mongolia: Global Green Growth Institute 2. Global: Green Climate Fund (GCF), Independent Evaluation Unit (IEU) 3. Global: Green Finance Platform 4. Asia: National Assembly Budget Office (Republic of Korea) |
12:05-12:25 | Open Discussion/Q&A – Facilitator: GGGI |
12:25-12:30 | Closing Remarks: – Mr. Mahamadou Tounkara, Director (Office of the Director General), GGGI |