EBRD and partners launch High Impact Partnership on Climate Action
November 2, 2021
The European Bank for Reconstruction and Development (EBRD) and partner governments have launched the High-Impact Partnership on Climate Action (HIPCA) today at COP26, the United Nations conference in Glasgow that is critical for global action against climate change.
Its primary objectives are to unleash investments and solutions that reduce or prevent greenhouse gas emissions, strengthen resilience and reduce vulnerability to climate change, and protect the environment.
In the EBRD regions, in line with the Bank’s Green Economy Transition approach for 2021-25, the partnership will work across eight thematic areas. These areas include energy systems; sustainable food systems; green financial systems; cities and environmental infrastructure; and natural capital. They also include cross-cutting themes: climate adaptation and resilience; just transition; and gender and economic inclusion.