Green Banks
Part of the Climate Finance project
National development banks have played a critical role in the development of renewable energy in major economies such as Germany and China. Our comparative research on these government-run financial institutions reveals that they often play an important coordinating and policy guidance function. In this research, we investigate the power of local and national government financial institutions in distributing green finance and stabilizing clean energy investment levels.
Zhang, F. (2020). Leaders and followers in finance mobilization for renewable energy in Germany and China. Environmental Innovation and Societal Transitions.
Flynn, C., Bhandary, R. R., (2019). Designing Fit-for-Purpose National Climate Funds: A Guidebook for Decision-Makers. Climate Policy Lab and UNDP.
Bhandary, R.R., Gallagher, K.S., Zhang, F. (2019). Climate Finance Policy in Practice: A Review of the Evidence. Medford, MA. Climate Policy Lab.
National Academies of Sciences, Engineering, and Medicine (2021). Accelerating Decarbonization of the U.S. Energy System. Washington, DC: The National Academies Press.
Bhandary, R., Gallagher, K.S., Zhang, F. (2021). Climate finance policy in practice: a review of the evidence. Climate Policy.