Green Banking

The Green Banking project aims to support target groups in the development and implementation of green energy and climate finance throughout the entire banking value chain.

Green Banking – Capacity Building on Green Energy and Climate Finance is a scholarship programme within the German International Climate Initiative (IKI).

The Renewables Academy AG (RENAC) has been commissioned by the German Federal Ministry for Economic Affairs and Climate Action (BMWK) to provide a capacity building programme on green energy and climate finance in the partner countries.

What Is The Project About?

The Green Banking project aims to support target groups in the development and implementation of green energy and climate finance throughout the entire banking value chain. Through the holistic trainings offered, professionals from the banking sector, project developers and policy makers will gain knowledge on financing renewable energy and energy efficiency projects.

To date, two project phases have been successfully implemented in Southeast Asia and Latin America. The 3rd phase of the project will run from 2024 to 2026.

What are The Objectives?

The Green Banking project’s main goal is to enhance the skills and capabilities of personnel and institutions in the implementing partner countries for financing Renewable Energy (RE), Energy Efficiency (EE), Green Hydrogen, and storage projects. It also aims to establish sustainable capacity building programmes programs for banks, investors, and project developers in the partner countries.

The project has two priorities:

Transfer knowledge on the technical and economic fundamentals of RE, EE, Green Hydrogen, and storage projects, along with their economic assessment, to increase investment and financing from development banks, commercial banks, private equity, venture capital, infrastructure funds, and institutional investors.
Transfer knowledge and facilitate networking on accessing German and international climate change financing instruments, such as the Green Climate Fund, to enhance local financing opportunities for RE and EE by integrating international financing sources.

Who Can Participate?

This project aims to benefit the financial sector, as well as private and public sector stakeholders, by providing targeted training programs.

Financial Sector:

Development banks
Commercial banks
Private equity and venture capital firms
Infrastructure funds and other institutional investors

Private Sector:

Project developers involved in RE projects and EE measures, including engineering firms, service providers, and energy consultants.
Corporate companies and SMEs with potential for RE investments or EE measures.

Public Sector and Multiplicators:

Representatives from ministries and authorities involved in RE project regulations and EE measures.
Representatives from RE associations, EE networks, and NGOs promoting green energy projects.

What does Green Banking Offer?

Participants will gain specific know-how in renewable energy and energy efficiency technologies, as well as appropriate risk evaluation and mitigation schemes. The development of private sector finance instruments for climate change mitigation will be fostered and the readiness to leverage national credit lines with international climate change mitigation schemes will be increased. Knowledge about existing international climate change mitigation funds and the available access opportunities will be disseminated.

Partners

RENAC

CONTACT