Context
Developing countries and emerging economies have set ambitious targets based on the United Nations goals for sustainable development, climate action and biodiversity. To achieve these, the countries must create sustainable and climate-friendly economic and financial systems and mobilise private capital. This applies in particular to countries that are vulnerable to climate and natural disasters and those with limited financial resources.
Stable policies and regulations, the expansion of expertise in the public and private sectors, and global dialogue also play an important role in aligning reforms with national priorities and international standards.
Objective
The framework conditions for fair and sustainable economic development and green investment in our partner countries have improved.
Approach
The programme supports sustainable economic development, including financial sector development, in four fields of activity:
• It supports governments in developing suitable policy and regulatory frameworks. Taxonomies, for example, facilitate the classification of fair and sustainable investments.
• The programme also advises financial institutions and offers practical support in integrating sustainability into their decision-making processes.
• Furthermore, it provides training on science-based economic and industrial policy for experts and managers, with a focus on economic and planning ministries. This supports local and international value chains for hydrogen production and the use of macroeconomic models, for example.
• The programme works with international networks and partners such as the Sustainable Banking and Finance Network, IPC Consulting, the Climate Bonds Initiative and the Chartered Banker Institute. The European Union provides financial support.
Last updated: 10/2025