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High-Impact Partnership on Climate Action (HIPCA)

Launch date: November 2021

Active donorsAustriaCanadaFinland, Germany, the Netherlands, NorwaySouth KoreaSpainSwitzerland, TaiwanICDF (International Cooperation and Development Fund), the United Kingdom and the United States of America.

Drone shot of landscape in Serbia

Highlights

The “High-Impact Partnership on Climate Action” (HIPCA) is the Bank’s first multi-donor partnership tackling climate change and environmental degradation across the Bank’s countries of operations. It provides a platform to support all of EBRD’s climate and environment initiatives in an efficient and strategic manner, combining the ability to design bespoke pipelines for individual donors, and harness the full synergies of the partnership.

The partnership works across numerous thematic areas, including:

  • Energy systems
  • Sustainable food systems
  • Green financial systems
  • Cities and environmental infrastructure
  • Natural capital
  • Climate adaptation and resilience
  • Just transition
  • Gender and economic inclusion


Furthermore, in 2024 HIPCA launched two bespoke windows – Programmatic Approach to Clean Energy (PACE) and HIPCA Nature - to accelerate catalytic change in Clean and Nature.

With HIPCA's support, the EBRD is expanding sustainable investments to address environmental challenges in Egypt.