Promoting Inclusive Green Finance Initiative and Policies
Climate change has already imposed a high cost on low-income and vulnerable populations in developing and emerging economies. However, research shows that financial inclusion is one way to build individual and collective resilience to the effects of climate change.
The purpose of this framework is to provide an intuitive way for financial regulators to consider the full range of policy actions for IGF. The 4P Framework of Promotion, Provision, Protection and Prevention, the first “P”, Promotion, which is the focus of this report, includes policies and initiatives that prepare and stimulate the private sector to offer financial services to qualified beneficiaries for green projects or related climate action.