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Report

Green Finance Mapping Report 2019

The International Development Finance Club (IDFC) is a group of 26 national and regional development banks from all over the world, the majority of which are active in emerging markets. IDFC has conducted regular mapping of its member institutions’ green finance commitments since 2011, to increase transparency and accessibility as outlined by the 2017 One Planet Summit joint resolution with Multilateral Development Banks (MDBs).

The results of the 2019 mapping exercise are presented in a summary report concerning financial commitments made during 2018.

Key points
  • IDFC members reported total green finance commitments of $134 billion in 2018. Although this represents a 39% decrease from commitments in 2017, cumulative green finance commitments by IDFC members sum to over $670 billion since 2015.
  • Green finance commitments represented approximately 22% of total new commitments made by the reporting IDFC members in 2018. Green commitments have consistently been above one-fifth of total IDFC investments since 2016.
  • Climate finance – consisting of all activities related to mitigation of GHG emissions and adaptation to climate change – accounted for 93% of total green finance.
  • IDFC institutions based in non-OECD countries committed $80 billion, a smaller proportion (59%) of the total than in previous years. This decrease reversed an upward trend in the non-OECD share of IDFC green finance, which reached 75% ($166 billion) in 2017 and 68% ($118 billion) in 2016.
  • Green finance commitments have become more regionally balanced. While the East Asia and Pacific region again received the largest share of finance at 56%, this was lower than in 2017 (72%). As in 2016 and 2017, the East Asia and Pacific region was followed by the EU (22%), Latin America and the Caribbean (9%) and South Asia (6%), as the leading destinations of finance.