Increasing Climate Finance Calls for More and Better Impact Reporting

Year Published

2023

Contributing Organizations

IDB Invest

Type of Resource

Research/Insights Report

Languages

English

Spanish

Relevant Topics

Core Topic

Disclosure Standards

Topic 2

Risks & Opportunities: The Business Case

Topic 3

Project Support

Target Audience

MDBs/DFIs

Asset Owners

Governments & Policymakers

Relevant Geography

Latin America and the Caribbean

Resource Description

This brief reviews climate finance in Latin America and the Caribbean, highlighting the region’s vulnerability to climate change and the role of financial institutions (FIs) in scaling green investment and impact reporting.

Why This Matters

Scaling climate finance in LAC requires both more capital and stronger FI capacity to measure and report impacts effectively.

Key Insights

Climate finance flows remain insufficient, with adaptation especially underfunded
Only half of LAC banks offer green products, far fewer than international peers
Strong impact measurement strengthens credibility, attracts investors, and reduces greenwashing risks
Barriers include limited capacity to segment portfolios, assess risks, and track adaptation outcomes
New standards and tools (eg, PCAF, ISO 14020, green bonds, resilience metrics) support better reporting
IDB Invest is helping FIs build tailored capacity in green lending and measurement

Secondary File Resources

Secondary Resource Link(s)

Increasing Climate Finance Calls for More and Better Impact Reporting - (Spanish)

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