Priming Public Financial Institutions for Green Innovation (PUFFIN) Grant

abstract

• Priming Public Financial Institutions for Green Innovation (PUFFIN) aims to influence the activities of public sector financial institutions (PSFIs) towards climate alignment for the green transition. We use an holistic structural and analytical framework to approach the macro-meso and micro-economics of the networked financial system. The directionality and additionality of public sector patient finance is under-realised, through adherence to a 'market failure/market fixing' model. Instead, we want to align the activities of PSFIs to be a 'market shaping' ecosystem, primed for green investment, including through new metrics, policies and missions, and through interaction with real economy actors.

date/time interval

• February 1, 2020 - February 28, 2022

awarded by

• EU/European Institute of Innovation and Technology Climate-KIC 

total award amount

• CAD 620000

sponsor award ID

• 210056

local award ID

• UCL Institute for Innovation and Public Purpose

contributor

• Marois, Thomas   Investigator