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    CelloMom On Cars (cellomomoncars@mastodon.social)'s status on Friday, 14-Nov-2025 18:23:21 JSTCelloMom On CarsCelloMom On Cars

    Bank unveils green loans plan to unlock trillions for #ClimateFinance

    "An innovative plan to use public money to back renewable energy loans in the developing world could liberate cash from the private sector for urgently needed climate finance.

    The plan, which is being pioneered by the IADB, would involve getting taxpayer-funded development banks to buy existing loans to green projects in poor countries, which would [attract] investment from private sector lenders."

    https://www.theguardian.com/global-development/2025/jun/16/public-money-green-loans-climate-finance

    In conversationabout 4 months ago from mastodon.socialpermalink

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      Bank unveils green loans plan to unlock trillions for climate finance
      from https://www.theguardian.com/profile/fiona-harvey
      IADB’s proposals involve lenders using public money to buy up renewable energy loans in poor countries
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