The G20 Green Finance Study Group (‘GFSG’ or ‘Study Group’) aims to “identify institutional and market barriers to green finance, and based on country experiences, develop options on how to enhance the ability of the financial system to mobilize private capital for green investment”. This synthesis report summarizes findings from the GFSG, based on contributions from its knowledge partners and a number of private and public institutions, and discusses options for improving the application of ERA by financial firms and for improving the accessibility and usefulness of PAED for voluntary implementation by countries in light of their priorities, needs, and national circumstances.