Capacity Building on Green Energy and Climate Finance
Economic and financial aspects have always been part of RENAC´s trainings on RE and EE technology. In 2015, at the same time as the enactment of the Paris Agreement, RENAC firstly developed and implemented a large scale capacity building programme specifically dealing with RE and EE finance, appropriate risk evaluation and mitigation schemes and accessibility of international climate finance options.
The project called “Green Banking” was funded by the German International Climate Initiative (IKI) supported through the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU). Implemented between November 2015 and April 2019 “Green Banking” offered scholarships especially targeted to financial institutions from private and public institutions from the partner countries India, Indonesia, Philippines, Thailand and Vietnam.
For our initial Green Banking project in South-East Asia, RENAC was awarded with the German Innovation Price for Climate and Environment (IKU). We are glad to be able to bring this successful training programme now to further regions.