Unlocking financing for biodiversity: Green Assist and the key role of technical assistance

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Green Assist is a new advisory initiative funded from the LIFE programme which will contribute to unlocking at least €20 billion a year for spending on nature, as set in the EU Biodiversity Strategy to 2030. It will build up a pipeline for green investment projects that have a high impact on environmental priorities. More specifically, it will focus on key environmental sectors, mainly protection and enhancement of natural capital, the transition to circular economy, water and air, and on improving the greening and the integration of environmental considerations into other non-environmental sectors such as transport, energy and infrastructures.

Private and public project promoters, financial institutions or other project partners will have access to customised, demand-based advisory services. Those service will address projects or help in setting investment support i.e. by providing expertise, building pipeline of projects, trainings, carrying out environmental audits to improve the performance of SMEs.

The session will first address the investments gaps Green Assist will tackle, and then explain how this initiative stands out in the technical assistance panorama.