ALIDE co-organizes parallel event of COP26
- The green banking event will be held in a hybrid in-person/virtual side during the United Nations Climate Change Conference (COP26).
October 27, 2021- Within the framework of COP26, the Latin American Association of Financial Institutions for Development (ALIDE) will co-organize the event Banking on Green: The role of green banks and development finance institutions in mobilizing private investments into climate solutions, in collaboration with the Green Bank Network, the Green Bank Design Platform, the Inter-American Development Bank and the Banco de Desenvolvimento de Minas Gerais.
The event will be held on November 3 in person and virtually, and will count with the collaboration of the Australian Government, which will allow the use of its pavilion at COP26 (Glasgow, Scotland) to hold the two sessions where the role played by various financial institutions, such as green banks, to move private investments towards actions that contribute to climate solutions will be discussed.
The sessions will show how green banking contributes to the progress of developed and emerging markets by pioneering institutional innovation in climate finance. It will also highlight lessons learned and success stories from existing green banks that are relevant nationally and globally.
ALIDE is the community of financial institutions that generates banking solutions for the development of Latin America and the Caribbean. Founded in 1968, its main objective is to contribute to the economic and social development of the region, through the good practices in development financing that it promotes among its associates, about 90 institutions with a presence in more than 20 Latin American countries and other regions of the world.