Mobilising climate finance at the subnational level requires more than just the availability of capital. Many climate-compatible investments struggle to move from pipeline to implementation because risks are perceived as too high, poorly allocated, or insufficiently managed. 

The third session of the Climate-Compatible Financial Systems at Subnational Level (CCF) Webinar Series explored how de-risking mechanisms can help unlock subnational climate finance and investments in practice. 

The session covered: 
– Key risks and barriers affecting subnational climate investments; 
– A range of de-risking mechanisms to address these risks and strengthen project bankabilit
– Practical examples of guarantees, insurance solutions, and other risk-sharing instruments; 
– Experiences from Africa, Latin America, and global institutions. 

📅 Wednesday, July 22, 2026
🕒 15:00–16:30 CEST (UTC+2)
📍 Online: Zoom
Simultaneous interpretation available in EN / FR / ES / PT 

🎤 Speakers:
– Luisa Lembi Nogueira (Development Analyst, BDMG – Banco de Desenvolvimento de Minas Gerais)
– Moubarak Moukaila (Director of Sustainable Development Financing, BOAD – West African Development Bank)
– Karina Whalley (Head of the Public Sector, AXA Climate)
– Rossemary Yurivilca (Senior Underwriter, Climate Business, MIGA-World Bank)
– Stefano Barazetta (Senior Impact Investing & Risk Specialist, Independent Consultant)

This was the third of four webinars in the #CCFWebinar series, which aims to strengthen capacities for climate-compatible finance, foster peer learning across the financing value chain, and increase engagement among financial intermediaries and other key actors. 

The #CCFWebinar series are organized by @Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH under the Partnering for Readiness (PfR) project supported by @FMDV – Global Fund for Cities Development.