Landscape of Climate Finance

2 years of facilitating knowledge exchange on tracking domestic climate finance – what are the highlights and lessons learned for Poland and wider CEE region? 

Since 2018 WiseEuropa together with NewClimate Institute and I4CE had been implementing a project “Landscape of Climate Finance: Promoting debate on climate finance flows in Central Europe” supported by the European Climate Initiative (EUKI). After 2 years of collaborative actions, we have not only managed to advance knowledge on climate finance flows in Poland, but also to facilitate integration of the discourse in the CEE region.

 

Below please find the recap of selected events and products that we have delivered over the course of project implementation:

  Events
Workshop: Finance flows and investment needs for the Energy and Climate finance landscapes transition 
  • The summary and presentations are available at:

http://wise-europa.eu/en/2019/03/21/finance-flows-and-investment-needs-for-the-energy-and-climate-finance-landscapes-transition-workshop-in-berlin/

Conference: Destination 2050: developing climate strategy
  • The summary and presentations are available at:

http://wise-europa.eu/en/2019/07/05/destination-2050-developing-climate-strategy/

Webinars:

Climate Investment & Sustainable Finance: What progress and insights for the CEE region?

Climate finance tracking and the design of recovery packages: from global practice to the Polish context

  • All materials and summary from the webinars are available at:

http://wise-europa.eu/en/2020/11/24/landscape-of-climate-finance-from-supporting-recovery-globally-to-recent-advances-in-the-cee-region-summary-of-the-final-webinar/

Publications
Domestic Landscape of Climate Finance Why systemic approach to climate finance matters?
  • Policy paper is available at:

http://wise-europa.eu/2020/02/13/10981/

Tracking climate-related investments and finance flows. Implications of the EU Taxonomy
  • Policy paper is available at:

http://wise-europa.eu/en/2019/12/19/new-policy-paper-tracking-climate-related-investments-and-finance-flows-implications-of-the-eu-taxonomy/

Renovation. Landscape of climate finance in the Polish buildings sector
  • Report is available at:

http://wise-europa.eu/en/2020/12/30/renovation-in-poland-report-on-climate-finance-landscape-in-the-polish-buildings-sector/

Importantly, WiseEuropa managed to leverage the results of the activities focused on mapping climate finance flows in the Polish buildings sector, to also address the knowledge gap in the energy sector. The report “Alternating Current. Landscape of climate finance in the Polish energy sector” available at: http://wise-europa.eu/wp-content/uploads/2020/06/Alternating_Current_.pdf is the first study in Poland enabling identification of financing sources, determining the involvement of individual groups of investors and presenting the scale of expenditure on renewable energy sources. It also provides information necessary to determine the future financing needs of the zero-emission transformation of the Polish energy sector.

Knowing that the transition to a low-carbon economy requires an unprecedented redirection of financial flows towards sustainable investments, we aim to further support the exchange of experiences between policymakers, experts, business community and civil society to improve assessment and design of domestic climate finance investment environments.