UNDP - United Nations Development Programme

Purpose

The project will increase private sector investments in green and climate resilient technologies, innovations, practices and approaches in support of a just transition to resilient and low emission development that protects the rights of all affected and at risk. This will be achieved by: 1. Strengthening existing platforms for evidence-based policy dialogue among government, development partners and private sectors to enhance enabling policy, improve coherence, and support development of innovative financing mechanisms for climate and green investments; 2. Establishing a climate finance lab in the Philippines that will curate innovative financing mechanisms, attract capital from private sector, and implement green and climate investments; 3. Improving capacities of finance institutions to design and incorporate green and climate-related policies in their lending programmes; and 4. Establishing an impact management system to report on SDG impacts of green and climate investments by private sector and financing institutions.