RMI
For Support To Expand The Global Green Bank Strategy
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Amount$500,000
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Program
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Date Awarded6/1/2017
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Term24.0 Months
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Type of SupportGeneral Support/Program
Overview
This grant seeks to facilitate the creation of Green Investment Banks (GIB) in key developing countries. Country GIB’s would be portals for climate aid and multi-lateral loans designed to assist countries with low cost finance aimed toward the emissions targets laid out in the Paris Climate treaty. The institute will provide technical assistance, match donor countries with climate mitigation investment opportunities developing countries and work with local partners to establish country specific GIB’s. The goal would be for four new GIB’s to be operating before 2020 and four more under development.
About the Grantee
Grantee Website
www.rmi.org
Address
2490 Junction Place, Suite 200, Boulder, CO, 80301, United States
Grants to this Grantee
for accelerating clean electricity goals for the Indian power grid
RMI’s mission is to transform the global energy system to secure a clean, prosperous, zero-carbon future for all. With this project, RMI and its partners are collectively undertaking a first-of-its-kind study to comprehensively assess the cost-effectiveness and reliability of clean energy pathways for 2030 and beyond in India. The project seeks to contribute to India’s upcoming National Electricity Plan (2026-27) by recommending a clear roadmap for setting an interim goal for power sector decarbonization. (Substrategy: India National Policy)
for the Further Together program
Further Together, an initiative of the Rocky Mountain Institute, enables leaders of environmental groups, business coalitions, and in academia who are addressing the climate crisis to collaborate across diverse change models and geographies. The initiative helps leaders, as they manage their own institutions, to better understand how their work fits into the ecosystem of other global actors, facilitating coordination, collaboration, and identification of gaps and needs. This grant supports planning for the joint work, including organizing, preparing for, and facilitating meetings of the group, as well as supporting deep dives into key topics raised in these convenings. (Substrategy: Multilateral)
for the China Program’s systematic energy transition and equitable energy transition work
RMI’s mission is to transform the global energy system to secure a clean, prosperous, zero-carbon future for all. This grant for their China Program will focus on accelerating carbon neutrality in China by enabling policy, technology, and market mechanisms to decarbonize the power, heavy industry, infrastructure, and transportation sectors. (Substrategy: China National Policy)
