1、The State of Green Banks 2025Learnings from green financing structures around the worldApril 2025Copyright 2025 Climate Policy Initiative climatepolicyinitiative.org.All rights reserved.CPI welcomes the use of its material for noncommercial purposes,such as policy discussions or educational activiti

2、es,under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International(CC BY-NC-SA 4.0)License.For commercial use,please contact adminsfcpiglobal.org.ACKNOWLEDGMENTSThe authors would like to thank the Climate Policy Initiative(CPI)team for their contributions,including Natalie Hoover,Vik

3、ram Widge,and Nicole Pinko for advice and internal review.We would also like to extend our gratitude to CPIs subject matter experts for contributing information and analysis to the report:Kalpesh Gada,Wagner Oliveira,Taarika Peres,Jyoti Sharma,Tiza Mafira,Berliana Yusuf,and Caroline Alberti.We also

4、acknowledge colleagues Kirsty Taylor,Saumya Tiwari,and Rob Kahn for editing;Elana Fortin,Pauline Baudry,Angela Woodall,and Denny Kosasih for layout and graphic design.In addition,we appreciate the key inputs and guidance throughout the research process from the following external stakeholders(in alp

5、habetical order):Paul Bodnar(BEF),Lucy Kessler(BEF),Dan Firger(BEF),James Hooton(GFI),Sashi Jayatileke(USAID),Adama Mariko(AFD),Maria Netto(iCS),Rick Nogueira(Advisor,DC Green Bank),Nicolas Picchiottino(IDFC),Sergio Suchodolski(FiCS),Stacy Swann(Founder/CEO,Resilient Earth Capital&Board Vice-Chair,M

6、ontgomery County Green Bank),Gavin Templeton(Veri),Rhian-Mari Thomas(GFI),Audrey-Cynthia Yamadjako(AfDB).Responsibility for the information and views set out in this publication lies with the authors.AUTHORSCPI(lead):Gauri Tandon,Debal Mitra,Neha Khanna,Jonathan First,and Barbara BuchnerNRDC(contrib