Green Infrastructure Finance : Leading Initiatives and Research

Investments in green projects are constrained by multiple factors: 1) numerous financial and institutional constraints; 2) pronounced risks; 3) unfavorable structure of cash flow profiles; 4) anti-green market distortions. In order to boost investment flows private financing is essential, but the pu...

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Main Authors: Baietti, Aldo, Shlyakhtenko, Andrey, La Rocca, Roberto, Patel, Urvaksh D.
Format: Publication
Language:en_US
Published: Washington, DC: World Bank 2013
Subjects:
Online Access:http://hdl.handle.net/10986/13142
id okr-10986-13142
recordtype oai_dc
spelling okr-10986-131422021-04-23T14:03:07Z Green Infrastructure Finance : Leading Initiatives and Research Baietti, Aldo Shlyakhtenko, Andrey La Rocca, Roberto Patel, Urvaksh D. Green investments Global initiatives Regional initiatives UNFCCC Convention on Climate Change Funding sources Climate Investment Funds Global Environment Facility Carbon Finance Green Climate Fund Multilateral development banks Export credit agencies Tradable permit schemes Liability rules MRV Wholesale banking Financial products Pro-green policies Public finance CFTs Market creation Investments in green projects are constrained by multiple factors: 1) numerous financial and institutional constraints; 2) pronounced risks; 3) unfavorable structure of cash flow profiles; 4) anti-green market distortions. In order to boost investment flows private financing is essential, but the public and private sectors need to work together. Public instruments and concessional funding will, therefore, need to be used carefully to leverage private flows. This stocktaking report is an initial step in the work on green infrastructure finance. Its objective is to document and summarize current initiatives and leading approaches related to the challenges described as well as present the possible solutions that have been proposed. 'Green infrastructure finance', as defined in this report, is a combination of financial and nonfinancial interventions and instruments that can be utilized for making green investments in infrastructure more affordable and less risky to private sponsors, financial markets and governments. The definition is applied broadly and beyond solely financial instruments with the assumption that more suitable policies and programs are equally needed to increase the attractiveness of green investments. This work is a presentation and is not intended to be an analytical assessment of the body of research. However, this summary, besides highlighting the main conclusions of the research, also provides an assessment of the gaps in the current body of work. 2013-04-11T14:24:22Z 2013-04-11T14:24:22Z 2012-04-04 978-0-8213-9488-5 10.1596/978-0-8213-9488-5 http://hdl.handle.net/10986/13142 en_US World Bank Study; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research East Asia and Pacific
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic Green investments
Global initiatives
Regional initiatives
UNFCCC
Convention on Climate Change
Funding sources
Climate Investment Funds
Global Environment Facility
Carbon Finance
Green Climate Fund
Multilateral development banks
Export credit agencies
Tradable permit schemes
Liability rules
MRV
Wholesale banking
Financial products
Pro-green policies
Public finance
CFTs
Market creation
spellingShingle Green investments
Global initiatives
Regional initiatives
UNFCCC
Convention on Climate Change
Funding sources
Climate Investment Funds
Global Environment Facility
Carbon Finance
Green Climate Fund
Multilateral development banks
Export credit agencies
Tradable permit schemes
Liability rules
MRV
Wholesale banking
Financial products
Pro-green policies
Public finance
CFTs
Market creation
Baietti, Aldo
Shlyakhtenko, Andrey
La Rocca, Roberto
Patel, Urvaksh D.
Green Infrastructure Finance : Leading Initiatives and Research
geographic_facet East Asia and Pacific
relation World Bank Study;
description Investments in green projects are constrained by multiple factors: 1) numerous financial and institutional constraints; 2) pronounced risks; 3) unfavorable structure of cash flow profiles; 4) anti-green market distortions. In order to boost investment flows private financing is essential, but the public and private sectors need to work together. Public instruments and concessional funding will, therefore, need to be used carefully to leverage private flows. This stocktaking report is an initial step in the work on green infrastructure finance. Its objective is to document and summarize current initiatives and leading approaches related to the challenges described as well as present the possible solutions that have been proposed. 'Green infrastructure finance', as defined in this report, is a combination of financial and nonfinancial interventions and instruments that can be utilized for making green investments in infrastructure more affordable and less risky to private sponsors, financial markets and governments. The definition is applied broadly and beyond solely financial instruments with the assumption that more suitable policies and programs are equally needed to increase the attractiveness of green investments. This work is a presentation and is not intended to be an analytical assessment of the body of research. However, this summary, besides highlighting the main conclusions of the research, also provides an assessment of the gaps in the current body of work.
format Publications & Research :: Publication
author Baietti, Aldo
Shlyakhtenko, Andrey
La Rocca, Roberto
Patel, Urvaksh D.
author_facet Baietti, Aldo
Shlyakhtenko, Andrey
La Rocca, Roberto
Patel, Urvaksh D.
author_sort Baietti, Aldo
title Green Infrastructure Finance : Leading Initiatives and Research
title_short Green Infrastructure Finance : Leading Initiatives and Research
title_full Green Infrastructure Finance : Leading Initiatives and Research
title_fullStr Green Infrastructure Finance : Leading Initiatives and Research
title_full_unstemmed Green Infrastructure Finance : Leading Initiatives and Research
title_sort green infrastructure finance : leading initiatives and research
publisher Washington, DC: World Bank
publishDate 2013
url http://hdl.handle.net/10986/13142
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