The San Giorgio Group is a working group of key financial intermediaries and institutions actively engaged in green, low-emissions finance, established by Climate Policy Initiative in a collaboration with the World Bank Group, CLP (China Light & Power), and the OECD (Organisation for Economic Co-operation and Development). The San Giorgio Group is coordinated from CPI’s Venice office.

San Giorgio Group

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San Giorgio Group Focus

Effective green finance is critical to the success of low-emissions development. However, significant challenges remain including how to scale up actions to meet global needs, how to design risk-return arrangements to attract public and private capital, and how to disburse climate funds effectively. The San Giorgio Group focus includes:

  • Effective investment: systematic analysis of case studies and tracking of existing green investments
  • Ensuring learning: distil lessons from the evolving financing practices
  • Scaling up: provide insights on how public resources can be spent wisely to mobilize private finance

The San Giorgio Group work focuses on a systematic analysis of project, program, and instrument case studies to identify best practices for effective public and private investment, with a special focus on how risks faced by investors are addressed.

Latest from the San Giorgio Group


Public Finance and Private Exploration in Geothermal: Gümüşköy Case Study, Turkey

March, 2015

Geothermal energy holds significant promise for the development of low-carbon energy systems. One of the lowest cost sources of renewable electricity, it also has the ability to meet baseload power demand and backstop fluctuating ...

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CPI at COP 20

Lima, Peru, December 6, 2014

Climate Policy Initiative (CPI) will be organizing and taking part in many events in and around the Conference of the ...

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3 Reasons for Measured Optimism about Climate Finance

December 4, 2014

A version of this blog first appeared on Responding to Climate Change:


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Geothermal: Risks shouldn’t overshadow benefits

November 12, 2014

Geothermal is competitive. Its low cost per unit of energy generated, when compared with other renewable energies and fossil-fuelled generation ...

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First Geothermal Dialogue: Effective Financing of Geothermal Development – What Have We Learned?

Copenhagen, October 24, 2014

This meeting was organized by Climate Policy Initiative, in partnership with the Climate Investment Funds and the Energy Sector Management ...

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