“German G20 presidency launches GreenInvest platform”

The German Federal Ministry for Economic Cooperation and Development (BMZ) hopes to engage developing countries in mobilising green finance projects with a new investment platform, according to NAMA News. Around 25 countries involved in the “dialogue” platform, GreenInvest, met in Singapore on 9 and 10 January, the UN-sponsored website said. The UN Environment Programme is developing and managing the site, which came out of an initiative started under Mexico’s G20 presidency in 2012. The three themes of focus are: “Greening foreign direct investment (FDI); the role of financial technology (‘fintech’) in advancing green finance; and enabling developing countries to effectively participate in international cooperation to accelerate green finance,” according to NAMA News.

Read the article in English here.