In December 2015, at the Conference of the Parties 21 (“COP 21”) in Paris, France, 196 countries came together to forge a climate change agreement that pledged to keep global warming to 2 degrees Celsius or less. To bring the world to this 2-degree track, the International Energy Agency estimates that the cumulative investments needed in energy supply and efficiency reach $53 trillion. This paper analyzes the role of the banking sector and debt capital markets to provide the financing, given the results of IFC’s analysis—that there $23 trillion in climate-smart investment opportunities exist in emerging markets from 2016–2030.
Contents
- Chapter 1: What Is the size of the Climate Investment Opportunity in Emerging Markets?
- Chapter 2: What Level of Bank Financing Does It Take to Meet the Climate Investment Needs for 2030?
- Chapter 3: Are Banks Able and Likely to Ramp-up Lending for Climate Investments?
- Chapter 4: What Are Emerging-Market Regulators and Policy Makers Doing as Lenders Scale-up Climate Financing?
- Chapter 5: What Debt-Capital-Market Instruments May Help Lenders Scale up Climate Finance?
- Chapter 6: Conclusion
- Annexes
- References
