Inclusive Green Finance: From Concept to Practice
January 24, 2023
Inclusive Green Finance (IGF) is a holistic approach to policymaking that links environmental sustainability and financial inclusion. IGF is addressing the risks posed by climate change on social inclusion and poverty reduction, as well as environmental risks to the financial system.
Financial inclusion and green finance are often treated as two distinct concepts in academic literature, policy discussions, and financial regulation – until now. But there are considerable overlaps in the goals of financial inclusion and green finance. Combining the two concepts under the umbrella of IGF allows policymakers to focus on a just transition to a resilient and environmentally sustainable economy.
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