Summit Insights

Participatory format – The Summit affirmed the importance of national green finance institutions, facilitated connections and knowledge exchange among green bank stakeholders, and helped countries develop action plans for green bank formation. According to the exit survey, the most highly ranked session was session five, which included one-on-one clinics between countries and experts, peer coaching, and roundtables on key challenges. Over 80 percent of participants saw networking and knowledge exchange as the most valuable part of their Summit experience.

Country insights – After a day and a half of learning and sharing, countries provided input on specific questions about their current work, barriers, technical assistance (TA) needs, and their country’s plans for future work. Eleven countries indicated they plan to establish a green bank within the next two years. Key steps that countries identified as necessary to establish a green bank included the need for more information and awareness about green banks at the national level, reformed laws and regulations, and new and improved partnerships.

Support needed and available – Participants felt the Summit strongly demonstrated the country-level demand for TA to establish green banks and illustrated the diversity of existing TA resources. Countries were most interested in TA for institutional design, structure, and governance to bolster their work.

Accelerated planning – With dedicated time to formulate action plans, many countries left the Summit with connections, resources, and buy-in to carry the green bank agenda forward. According to exit surveys, 90 percent of participants found the convening beneficial to their work.

Summit to Platform – Participants voiced the hope that this event would be a first step in an important longer-term process. With strong demand for keeping this community alive, the organizers announced plans for a platform that supports the momentum and gives countries access to the best of global TA, structuring advice, and capitalization sources.

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