environmentalIATI

PNG Inclusive Green Finance Implementation Roadmap (PNG IGFR)

by Global Green Growth Institute (GGGI)Papua New Guinea

Imported from IATI · publisher data as of Oct 14, 2026

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Budget

$793,400.21

Timeline

Mar 25, 2024 – Sep 30, 2028

About this project

Under the IGFP Roadmap, BPNG is developing Green Financial Instruments . The purpose of these instruments is to incentivize and scale up green and inclusive lending in PNG, in line with the national Inclusive and Green Taxonomy. The GFIs will channel resources and de-risk the financial sector to strengthen PNG’s green finance portfolio. The Bank of Papua New Guinea launched the Inclusive Green Finance Policy (IGFP) in 2023. As part of this initiative, the Green Finance Centre (GFC) was established in 2024 as a department under BPNG, with initial funding from the Government of New Zealand and ongoing operational support from the AFD. The IGFP is implemented by the GGGI in partnership with BPNG, the Climate Change and Development Authority and the Department of Treasury . The GFC is tasked with implementing the IGFP Policy and the Green Finance Roadmap, which aim to strengthen Papua New Guinea’s financial ecosystem by: · Embedding green finance principles · Creating an enabling environment for mobilizing climate finance, and · Promoting green investments across the country. The GFC also serves as a national platform for collaboration with financial stakeholders to scale up green financing at both national and sub-national levels. Through AFD’s regional initiative, the Greening the Pacific Financial Systems (GPFS) Program , the GFC is receiving technical and financial support to deliver priority components of PNG’s Inclusive Green Finance Policy Roadmap. Under this program, GFC…

Published details

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Published by
Global Green Growth Institute (GGGI) · Multilateral
Countries
Papua New Guinea
Sectors
Environmental policy and administrative management
Focus
Environment · Also contributes
Funded by
Agence Française de Développement
Implemented by
Global Green Growth Institute (GGGI)

Published by Global Green Growth Institute (GGGI) to the International Aid Transparency Initiative (IATI), last updated 14 Oct 2026 and imported automatically. IATI identifier: XM-DAC-47136-PG19.

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