EBRD Launches Public Consultation On Proposed Green Economy Transition Strategy, Open For Feedback Until 9 January 2026

0
258
Representational image. Credit: Canva

The European Bank for Reconstruction and Development (EBRD) has begun a public consultation on its proposed Green Economy Transition (GET) 2030 Strategy. The consultation period will run from 20 November 2025 to 9 January 2026, during which the Bank welcomes comments, suggestions, and general feedback. Interested individuals and organisations can share their views by sending an email to GET2030@ebrd.com before 9 January 2026.

The GET 2030 Strategy forms an important part of the EBRDโ€™s Strategic and Capital Framework (SCF) for the years 2026 to 2030. Within this framework, GET stands as one of three core priorities, alongside economic governance and human capital, and equality of opportunity for all. These priorities are supported by two major enablers: digital technology and private-sector mobilisation. Together, they aim to strengthen the Bankโ€™s ability to help build open and competitive economies that can grow sustainably.

Through this consultation process, the EBRD invites participation from a wide range of stakeholders, including partners, civil society organisations, clients, and the general public. Their input will play an important role in shaping the final version of the strategy, which is expected to be completed in early 2026. The feedback will help ensure that the strategy reflects market needs, addresses the priorities of the regions and sectors where the Bank operates, and remains aligned with global climate and biodiversity objectives.

Also Read  EBRD-Backed Grid Upgrade To Drive Egyptโ€™s Renewable Push With โ‚ฌ200 Million Investment

The GET 2030 Strategy outlines how the EBRD plans to support the green transition over the next five years. It explains how the Bank will respond to client demands while promoting market-oriented and private-sector-led economies. The strategy aims to advance green development, build stronger and more resilient markets, and contribute to long-term energy security.

One of the key aspects of the strategy is its increased ambition for green finance across all regions where the Bank operates. It places particular focus on climate mitigation, climate adaptation, and nature-related initiatives. The strategy adopts a system-wide approach and concentrates on six key economic systems: energy, industry, transport, urban development, agrifood, and finance. In each of these areas, the EBRD aims to deepen its impact and improve the overall effectiveness of its green activities.

Under the proposed strategy, the EBRD plans to scale up its cumulative green financing to at least โ‚ฌ150 billion by 2030. This target includes funding from the Bank itself as well as mobilised private-sector investments. Additional commitments include ensuring that at least 50 per cent of the Bankโ€™s annual business volume supports green activities, increasing the number of projects with climate resilience components by 50 per cent, and identifying new opportunities for investments that benefit nature.

Also Read  Avaada Lines Up โ‚น1 Lakh Cr for Expansion; Solar PV Arm Files for IPO Amid 30 GWp Growth Plan


Discover more from SolarQuarter

Subscribe to get the latest posts sent to your email.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.