The UNEP FI-backed Green Growth Action Alliance, a new partnership initiative addressing the estimated USD 1 trillion annual shortfall in green infrastructure investment, was launched at the Business 20 (B20) Summit in Los Cabos, Mexico. As first concrete step, the Alliance will assist Mexico in unlocking private finance to reduce green house gas emissions by 30 percent by 2020. In partnering with the Mexican government the Alliance will identify key roadblocks, design strategies to overcome them and draw in private finance. The Alliance, which is also referred to as G2A2, includes dozens of the world’s largest energy companies, international financial institutions, and development finance institutions. More information here.