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Climate-responsive government and private capital financing and spending instructions of 2022

2022LegislativeMitigation
Sectors: Finance

These regulations were issued under the provisions of Article (9) of Climate Change Regulation No. (79) of 2019, and outline the eligibility criteria for financing climate-related projects and programmes. Article 4 of the regulations set out how projects must contribute to the mitigation or adaptation of climate change in order to be ‘climate responsive’, including through the reduction or elimination of greenhouse gas emissions, improving energy efficiency, and strengthening the control and monitoring of health risks that result from climate change. Article 6 of the instructions outlines financing options, including various private and public instruments. 

Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing

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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.