Despite the highly promising financial, economic, social, and environmental returns, green investment opportunities for the private sector are still largely untapped due to various barriers. These include low market visibility, information asymmetries, lack of knowledge and skills in certain advanced green and circular technologies, lack of adequate finance for green manufacturing and small and medium-sized enterprises (SMEs), and nascent ecosystems. To address these challenges, the Inclusive Green Growth project and its partners are driving market system changes to create a more favorable environment to businesses and the workforce in the green and circular economy
Inclusive Green Growth
Mobilizing Private Sector for Climate and Environment Investments
Overview
Approach
This initiative focuses on supporting SMEs through market-driven strategies, enhancing institutional capacities, and facilitating investments to promote green and circular economies
Specialized support to bring to the market innovative green and circular business models, products and technologies, that meet domestic and export market needs and requirements while at the same time safeguarding the environment and contributing to climate change adaptation and mitigation.
Public and private business development service providers, banks, NGOs, and academia acquire knowledge and skills to improve services for SMEs and the workforce in the green and circular economy, and also address policy and regulatory gaps.
Together with public and private sector, promising climate and environment business and investment opportunities at small, medium and large scales are analyzed and promoted among national and international market players.
Impact
Foster market system changes for businesses and the workforce in the green economy
Key Indicators
SDGs:
UNIDO Priorities:
Thematic Area(s):
Technology Used
Bio-based products, bio-energy, waste valorization, distributed solar energy applications, climate-smart agri-food, resource efficiency
Catalytic Outlook
More conducive green and circular economy ecosystems, where perceived risks for investment and job creation in climate and environment solutions are reduced and business productivity and competitiveness are boosted
Unique Solution Characteristics
Market system approach that simultaneously fills knowledge and skills gaps of firms, financial and non-financial institutions, and policy makers in the green and circular economy, while fostering collaborations among them
- Swiss Development Cooperation Agency
- Government of Italy
- Italian Agency for Development Cooperation
Trainings for firms, workforce and institutions, knowledge products, business and investment opportunities analyses, specialized advisory
