The Report of the Initial GreenInvest Consultation covers the relaunch of GreenInvest under the German G20 Presidency to strengthen the connection between green finance momentum and the insights, innovations and needs of developing countries. It will engage developing country actors in dialogue and action, facilitate their contribution to key international developments, and seek to ensure that such developments take account of the specific needs of developing countries. The Singapore Consultation relaunched GreenInvest and advanced each of its specific goals and themes.
The Singapore Consultation was the first of three planned under the German G20 Presidency, and initiated for the first time dialogue on:
GreenInvest was established at the G20 Leaders Summit in Los Cabos, Mexico, in 2012 to accelerate investment in green priorities in developing countries. Since then, green finance has risen up the agenda of both policymakers and markets.
The G20 Green Finance Synthesis Report adopted at the G20 Leaders Summit in Hangzhou in September 2016 set out seven options identified by the G20 Green Finance Study Group (GFSG) to accelerate the mobilization of green finance.