As the world faces the urgent challenge of climate change, financial institutions, especially Public Development Banks (PDBs), are crucial in helping Small and Medium Enterprises (SMEs) transitioning to a low-carbon economy.
This publication reviews the different solutions offered by 16 Public Development Banks (PDBs) to support the decarbonization of SMEs. The paper also analyzes how PDBs measure the impact of their solutions. Interviewed institutions include: Banco Nacional de Desenvolvimento Econômico e Social (Brazil), Bpifrance (France), British Business Bank (United Kingdom), Business Development Bank of Canada (Canada), Development Bank of Nigeria (Nigeria), Finnvera (Finland), Nacional Financiera (Mexico), Saudi Industrial Development Fund (Saudi Arabia), Small Industries Development Bank of India (India), Tamwilcom (Morocco), Wallonie Entreprendre (Belgium), Cassa Depositi e Prestiti (Italy), Instituto de Credito Oficial (Spain), and Japan Finance Corporation (Japan), Industrial Bank of Korea (Korea), Bancoldex (Colombia).
Additionally, we would like to thank the co-writers of this paper:
- Baptiste Thornary, Head of Macroeconomic Evaluation and Research, Bpifrance
- Emmanuelle Masson, Economist, Bpifrance
- Pierre Cléroux, Vice President, Research and Chief Economist, BDC
- Mathieu Galliot, Economist, BDC
- Abdelmoughite Abdelmoumen, Chief Strategy Officer, Tamwilcom
- Giovanni Mandras, Senior Economist, Strategies and Impact Evaluation Department, CDP
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