Catalyzing Climate and Green Finance: Shandong Green Development Fund

Apr 8, 2022, 10:00 am11:00 am
Virtual (Zoom meeting)


Julis-Rabinowitz Center for Public Policy & Finance
Event Description

Zoom registration

Join us for a talk with development finance expert Hubert Jenny, who will discuss public-private financing mechanisms to support the transition away from reliance on fossil fuels. The provincial government of Shangdong, one of China's most populous and heavily industrialized provinces, recently set an ambitious target of bending the curve of greenhouse gas emissions by 2027. To help mobilize the massive investment needed to achieve this goal, the provincial government, the Asian Development Bank, the Green Climate Fund, and other partners established a new, public-private Green Development Fund with a target of raising $1.5Bn. The fund introduces an innovative mechanism to catalyze private, institutional, and commercial capital for the development of climate-friendly infrastructure and business

Hubert Jenny
Hubert Jenny works with companies and development partners around the world advising on ESG practices, sustainability strategies, and climate-resilient and smart infrastructure. Mr. Jenny has considerable experience working with the private sector in Asia to set up public-private partnerships for urban service delivery. He has 20 years of experience in international development with the World Bank, the Asian Development Bank, the Asian Infrastructure & Investment Bank, and the Green Climate Fund. Mr. Jenny led the development of the Water Security Sectoral Guide for the Green Climate Fund. He graduated from France with a Master in Engineering (DESS) and he is a Chartered Professional Engineer in Australia.

*This event is organized by the Julis-Rabinowitz Center for Public Policy & Finance Graduate Associates.