Economic progress enables states to promote development by investing in infrastructure and social programs. The economic performance of developing countries is expected to increase rapidly and represent over 60 per cent of global GDP by 2030. Economic growth provides opportunities for both developing and developed countries to enhance their revenues and their technical and social infrastructures. However, in order to accomplish long-term, sustainable development, countries must mitigate greenhouse gas emissions and use resources efficiently.

UN Global Climate Action Awards: Financing for Climate Friendly Investment

UN Global Climate Action Awards: Financing for Climate Friendly Investment was launched in November 2012 to recognize successful financial innovations for adaptation and climate mitigation. It showcases climate activities promoting low-carbon growth and highly resilient communities through the use of innovative financing mechanisms. Watch the webcast of the Financing for Climate Friendly Investment special event at the 2013 UN Climate Change Conference in Warsaw.

UN Global Climate Action Awards:: Financing for Climate Friendly Investment is implemented in partnership with the World Economic Forum Global Project on Climate Change.

Recognizing innovative financing mechanisms

UN Global Climate Action Awards: Financing for Climate Friendly Investment showcases projects that demonstrate concrete financial solutions to address climate change. 

These projects were selected by the Advisory Panel after receiving dozens of applications from around the world. Learn more about all award-winning projects in the Financing for Climate Friendly Investment category below.