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Launch date: 2021
Active donors: Austria, Canada, Finland, the Netherlands, South Korea, Spain, Switzerland, the Taipei China ICDF (International Cooperation and Development Fund), the United Kingdom and the United States of America.
Highlights
The “High-Impact Partnership on Climate Action” (HIPCA) is the Bank’s first multi-donor partnership tackling climate change and environmental degradation. Its primary objectives are to unleash investments and solutions that reduce or prevent greenhouse gas emissions, strengthen resilience and reduce vulnerability to climate change, and protect the environment. In the economies where the EBRD operates, the partnership works across numerous areas, including energy systems; sustainable food systems; green financial systems; cities and environmental infrastructure; natural capital; climate adaptation and resilience; just transition; and gender and economic inclusion.