The joint public-private sector Green Finance Working Group (GRFIN) brings together key stakeholders to identify and promote capital markets solutions that support the development and growth of green finance. GRFIN includes representatives from major institutional investors, commercial banks, ratings agencies and other interested stakeholders, as well as public sector collaborators. Broad themes covered by GRFIN include scaling the green finance market, collaboration with official sector initiatives and translating political momentum to tangible action that facilitates market development. 

The IIF works closely with official sector collaborators, including the G20 and B20, the IMF/World Bank and other multilaterals, the UN Environment Programme (UNEP), the UN Principles for Responsible Investment (UNPRI), the European Financial Services Round Table (EFR), the Securities Industry and Financial Markets Association (SIFMA) and the Paulson Institute to engage the public and private sectors in dialogue around green finance issues. The IIF also supports specific official sector initiatives, including the G20 Green Finance Study Group launched under the Chinese presidency, and the FSB’s Task Force on Climate-related Financial Disclosure (see our response to the Phase One report here). Many of the IIF’s members are leading efforts to develop new products and strategies and are upholding voluntary guidelines to promote transparency and disclosure, clarify investment criteria and establish reporting standards for benchmarking, analysis and valuation.