Global Clean Power Alliance Finance Mission publishes global roadmap to scale private finance for clean energy transitions in emerging markets

by Green Finance Institute | November 14, 2025

Belém, 14 November 2025: The Green Finance Institute (GFI) and the World Bank’s Energy Sector Management Assistance Program (ESMAP) today publish the ‘High Quality Energy Investment Planning Roadmap’ as joint lead delivery partners of the Global Clean Power Alliance (GCPA) Finance Mission. The roadmap is unveiled at COP30 in Belém during the launch event “From Transactions to Transitions: Scaling Private Finance for Clean Energy in Emerging Markets and Developing Economies”, hosted at the UK Pavilion.

Alongside the roadmap, the GCPA Finance Mission is working with partner governments in Emerging Markets and Developing Economies (EMDEs) to produce country Work Programmes to apply the roadmap’s principles to local contexts, helping countries build “finance-ready” energy investment plans and strengthen national finance ecosystems. Work Programmes have been agreed with the African Union, Caribbean, Chile, Colombia and Mozambique, and are in development with Tanzania and Morocco.

While clean energy investments are scaling in many regions, they have stalled in EMDEs, which account for only 15% of the total in recent years. According to the IEA, clean energy investments need to double in advanced economies by the early 2030s but need to rise sixfold in EMDEs.

To mobilise more investment in clean, affordable energy systems, the Brazil and UK governments established the GCPA as an alliance of Global South and Global North countries and partners with high ambition to accelerate energy transitions globally. The first mission of the GCPA, focusing on clean energy finance, was launched by the UK Prime Minister and the Brazilian President at the G20 Summit in Rio de Janeiro in 2024.

This initial publication of the GCPA Finance Mission is based on the collective experience of the GFI and ESMAP. It outlines support available from the Finance Mission for countries and will serve as the foundation for subsequent GCPA country and project-level support activities from COP30 onwards.

The publication is the first of its kind following the GFI’s publication of its “Transactions to Transitions” (T2T) white paper showcasing GFI’s Global Investment Greenprint which bridges the gap between political commitments and commercial imperatives by coordinating the value chain from policy to institutional capital deployment.

The Global Investment Greenprint serves as a practical roadmap in the publication, guiding governments in EMDEs through the stages of investment planning and helping them shift from isolated projects to coordinated, system-level transitions by rapidly attracting and mobilising private finance. The publication details the support offer available, the role of Country Platforms and existing case studies on successful energy investment planning and delivery in Brazil, Burkina Faso, Maldives, South Africa, the Caribbean, India, Egypt and Kenya.

The country-level workstream of the GCPA Finance Mission supports partner countries through targeted assistance. In collaboration with ESMAP, GFI, and other delivery partners, it helps strengthen and bridge institutional capacity for high quality energy investment planning and project execution. The programme provides financial expertise and tailored support aligned with each country’s priorities and state of private finance readiness, helping build a pipeline of bankable projects and other market development to help accelerate clean energy transition goals.

The vast majority of finance needed for the global transition to clean energy will come from the private sector. Country platforms or similar cross-government organisational structures are increasingly the facilitator for EMDEs to coordinate and mobilise domestic activities and international support needed to catalyse investment behind national energy transition plans. The GCPA Finance Mission will work through new and existing country platforms and similar initiatives to ensure alignment with local objectives and coordinated and sustained involvement of international and domestic partners.

Brazil’s national Climate and Ecological Transformation Investment Platform (BIP), developed with support and advisory input from the GFI and the Glasgow Alliance for Net Zero (GFANZ) and anchored in Brazil’s development bank (BNDES), integrates Brazil’s energy transition and industrial strategy plans and programmes with a financing architecture connecting private investors to a $22.6 billion pipeline of transition-aligned projects. The BIP approach is to build pipelines of bankable projects, aligned to Brazil’s transition plans to unlock private finance at scale.

The GFI is engaging with the BIP to design the risk-sharing mechanisms and inform the policy landscape ensuring more projects reach investment stage, thus catalysing sector

transformations in line with the ambitions of the Brazilian government. The GFI is also working through the UK-Brazil Hydrogen and Industrial Decarbonisation Hubs to align finance and real economy policies, and to unlock international private investment for the country’s industrial transition.

Secretary Tatiana Rosito, Secretary for International Affairs at Brazil’s Ministry of Finance, said:

“The country platform agenda is one of the key priorities of the COP30 Circle of Finance Ministers’ Report. It is encouraging to see the GCPA Finance Mission advancing this agenda, driving concrete progress in mobilizing clean energy finance through country-led platforms. Brazil’s engagement in the GCPA is part of a broader, coordinated effort among strategic actors, closely linked to the Country Platform Hub, launched in Belém, and fully integrated to a solutions acceleration plan led by Brazil’s Ministry of Finance at COP30.”

Minister Katie White, Minister for Climate in the UK’s Department for Energy Security and Net Zero, said: “The Global Clean Power Alliance will unlock the private finance needed to accelerate the global energy transition – delivering affordable, secure energy for everyone while powering Britain’s ambition to become a clean energy superpower. This Roadmap turns ambition into action, driving clean energy forward, creating good jobs, boosting economic growth and tackling the climate crisis.”

Dr. Rhian-Mari Thomas, CEO of the GFI, said: “The challenge for clean energy investment in many emerging and developing economies isn’t a lack of ambition. Governments are striving to balance energy security, economic growth and fiscal pressures, while private investors remain focused on credible, bankable pipelines that meet risk-return expectations. This mismatch can leave viable projects underfinanced. Working alongside the World Bank’s ESMAP, the GFI looks forward to collaborating with partners and countries to turn strategy into delivery by providing practical support to align policy ambition, planning and finance.”

Dr. Demetrios Papathanasiou, Energy and Extractives Director of the World Bank, said:

“The World Bank’s Energy Sector Management Assistance Program (ESMAP) and its Sustainable Renewables Risk Mitigation Initiative (SRMI) are helping governments — through technical assistance, concessional finance, and risk mitigation instruments — unlock private capital for renewable energy solutions tailored to countries’ needs. We look forward to our continued collaboration with the United Kingdom and Brazil through the Global Clean Power Alliance.”