This report takes stock of green banks at a critical time in global efforts to contain climate change and protect nature. It is based on new survey data collected by CPI in 2024-2025 from 51 public financial institutions that are either green banks, are seeking to establish one, or have encountered barriers preventing them from doing so. They include 36 entities that are either from EMDEs or have supported efforts in these countries.
This report “The State of Green Banks 2025: Learnings from green financing structures around the world” by Climate Policy Initiative provides a snapshot of the state of green banks to inform policymakers, governments, and FIs seeking to scale and expand these entities. It describes the four main models for green banks and outlines the challenges and opportunities they face globally and across different regions. Crucially, it also indicates potential solutions to help countries mobilize greater climate finance through such entities. These recommendations are particularly aimed at helping to design structures that meet the demands of emerging markets and developing economies (EMDEs) for expanded in-country climate financing capacity.
Access the report here
