Description As governments formulate budget responses to support economic recovery following the COVID-19 crisis, there is greater momentum to include green perspectives in recovery packages. This comes with increased interest in how green budgeting can support the design and implementation of government budgets that progress climate and environmental goals. The virtual workshop discussed these issues and more, drawing on country experiences. The agenda covered:
Helsinki Principle 6 Workshop on The Role of Ministers of Finance in NDC Development, Review and Implementation
Webinar hosted by Luxembourg and the European Investment Bank.
Blended finance instruments aim to address market failures that limit private financial flows for sustainable activities. This workshop, hosted and organised by the Government of Luxembourg with support from the European Investment Bank, provided an opportunity to understand the main concepts of blended finance. The event was opened by Mr. Pierre Gramegna, Minister of Finance, Luxembourg, and Mr. Christoph Kuhn, Director for Mandate Management, the European Investment Bank, and proceeded with contributions from relevant public and private sector stakeholders.