‘Higher-risk lenders funding emerging green projects’

• Highlights higher credit risks for lenders financing emerging green technologies with limited track records.
• Urges regulatory entities to develop capacity and technical knowhows to better appraise risks in financing projects using green technologies.
• Calls for a “cohesive coordination and harmonization” among financial sector regulators, regulated entities, and government agencies.
• Stresses the need for a holistic approach towards mitigating climate change risks considering country-specific requirements and circumstances.
• Urges regulated entities to consider setting up a pool through an ‘appropriate institutional arrangement’.