EIB regional representation for South Asia

Public development banks (PDBs) in Latin America and the Caribbean regard the climate transition as a financial opportunity but they face obstacles including a lack of long-term financing and insufficient awareness by clients of investment options, according to a new survey. Carried out by the European Investment Bank (EIB) and the Association of Public Development Banks of Latin America and the Caribbean (ALIDE), the survey also found that a lack of know how of green investment and climate change adaptation among clients and PDBs represented a barrier to scaling up green projects in the two regions.