Green Infrastructure Finance : A Public-Private Partnership Approach to Climate Finance
In June 2012, the Green Infrastructure Finance Framework Report was published to address the constraints in financing green infrastructure and to develop a new approach to accelerate investments in low-emission technologies. The approach includes a financing and advisory interface, which clarifies t...
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| Format: | Working Paper |
| Language: | en_US |
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World Bank, Washington, DC
2013
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| Online Access: | http://hdl.handle.net/10986/14857 |
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okr-10986-148572021-04-23T14:03:21Z Green Infrastructure Finance : A Public-Private Partnership Approach to Climate Finance Baietti, Aldo allocation arbitration asset base biomass bonds capital costs capitalization carbon carbon finance carbon market carbon markets carbon mitigation carbon price Carbon Prices certified emission reductions Clean Development Mechanism clean energy clean technologies clean technology Climate climate change CO2 coal commercial contracts competitive bidding contributions to investment cost effectiveness developed countries developing countries developing country economic benefits economic development economic instruments electricity electricity prices eligibility criteria emission emission reductions emission technologies Emission Trading emissions Endowments energy efficiency energy mix Energy Sources enforceable contracts environmental environmental benefits environmental economics environmental policy equilibrium Export Financing externalities financial burden Financial Costs financial exposure financial incentives Financial instruments financial market financial measures financial sector financial subsidies financial support financial viability financing needs fossil fuel fossil fuel use fossil fuels Framework Convention on Climate Change funding sources gap financing GHG GHGs Global Environment Facility greenhouse greenhouse gas greenhouse gas emissions HFCs host government host governments hybrid financing industrial gases Infrastructure Finance infrastructure investments investment choice investment climate investment decisions investment financing investment opportunities Investment Policies investment projects issuance long-term investments low-carbon marginal abatement marginal abatement cost market maker market price Monetary Value N2O PFCs Policy Environment pollution present value private finance private financing Public finance public goods Public-Private Partnership public-private partnerships rate of return rates of return Regional Carbon Regional Carbon Markets registration process regulatory authority regulatory framework regulatory frameworks renewable energy returns sustainable development Tax Tax Incentives tax liabilities third-party risk total benefits transaction transaction cost transparency Union wind wind energy In June 2012, the Green Infrastructure Finance Framework Report was published to address the constraints in financing green infrastructure and to develop a new approach to accelerate investments in low-emission technologies. The approach includes a financing and advisory interface, which clarifies the principles and concepts of the shared financing roles recommended by the methodology. The Framework attempts to bring clean investments towards a more familiar financing environment and to distance them from the charged political debate that has adversely affected the progress in international climate change discussions for over a decade. The detrimental effect of climate change is growing, yet clean investments are still grossly insufficient making it necessary to rethink the approach to greening the global energy mix. The need for some level of concessional financing or outright subsidy support is widely understood but the approach must be equitable, non-political and deliver a sufficient level of support. The concept of anchoring regulation in a country's existing public-private partnership (PPP) framework to focus on creating the right policy environment will greatly facilitate mainstream implementation and reduce costs. This aspect of the framework is widely understood by many developing country governments and can be easily replicated not only in East Asia, but also in other regions. 2013-08-07T18:00:24Z 2013-08-07T18:00:24Z 2013 http://hdl.handle.net/10986/14857 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper 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 |
allocation arbitration asset base biomass bonds capital costs capitalization carbon carbon finance carbon market carbon markets carbon mitigation carbon price Carbon Prices certified emission reductions Clean Development Mechanism clean energy clean technologies clean technology Climate climate change CO2 coal commercial contracts competitive bidding contributions to investment cost effectiveness developed countries developing countries developing country economic benefits economic development economic instruments electricity electricity prices eligibility criteria emission emission reductions emission technologies Emission Trading emissions Endowments energy efficiency energy mix Energy Sources enforceable contracts environmental environmental benefits environmental economics environmental policy equilibrium Export Financing externalities financial burden Financial Costs financial exposure financial incentives Financial instruments financial market financial measures financial sector financial subsidies financial support financial viability financing needs fossil fuel fossil fuel use fossil fuels Framework Convention on Climate Change funding sources gap financing GHG GHGs Global Environment Facility greenhouse greenhouse gas greenhouse gas emissions HFCs host government host governments hybrid financing industrial gases Infrastructure Finance infrastructure investments investment choice investment climate investment decisions investment financing investment opportunities Investment Policies investment projects issuance long-term investments low-carbon marginal abatement marginal abatement cost market maker market price Monetary Value N2O PFCs Policy Environment pollution present value private finance private financing Public finance public goods Public-Private Partnership public-private partnerships rate of return rates of return Regional Carbon Regional Carbon Markets registration process regulatory authority regulatory framework regulatory frameworks renewable energy returns sustainable development Tax Tax Incentives tax liabilities third-party risk total benefits transaction transaction cost transparency Union wind wind energy |
| spellingShingle |
allocation arbitration asset base biomass bonds capital costs capitalization carbon carbon finance carbon market carbon markets carbon mitigation carbon price Carbon Prices certified emission reductions Clean Development Mechanism clean energy clean technologies clean technology Climate climate change CO2 coal commercial contracts competitive bidding contributions to investment cost effectiveness developed countries developing countries developing country economic benefits economic development economic instruments electricity electricity prices eligibility criteria emission emission reductions emission technologies Emission Trading emissions Endowments energy efficiency energy mix Energy Sources enforceable contracts environmental environmental benefits environmental economics environmental policy equilibrium Export Financing externalities financial burden Financial Costs financial exposure financial incentives Financial instruments financial market financial measures financial sector financial subsidies financial support financial viability financing needs fossil fuel fossil fuel use fossil fuels Framework Convention on Climate Change funding sources gap financing GHG GHGs Global Environment Facility greenhouse greenhouse gas greenhouse gas emissions HFCs host government host governments hybrid financing industrial gases Infrastructure Finance infrastructure investments investment choice investment climate investment decisions investment financing investment opportunities Investment Policies investment projects issuance long-term investments low-carbon marginal abatement marginal abatement cost market maker market price Monetary Value N2O PFCs Policy Environment pollution present value private finance private financing Public finance public goods Public-Private Partnership public-private partnerships rate of return rates of return Regional Carbon Regional Carbon Markets registration process regulatory authority regulatory framework regulatory frameworks renewable energy returns sustainable development Tax Tax Incentives tax liabilities third-party risk total benefits transaction transaction cost transparency Union wind wind energy Baietti, Aldo Green Infrastructure Finance : A Public-Private Partnership Approach to Climate Finance |
| geographic_facet |
East Asia and Pacific |
| description |
In June 2012, the Green Infrastructure Finance Framework Report was published to address the constraints in financing green infrastructure and to develop a new approach to accelerate investments in low-emission technologies. The approach includes a financing and advisory interface, which clarifies the principles and concepts of the shared financing roles recommended by the methodology. The Framework attempts to bring clean investments towards a more familiar financing environment and to distance them from the charged political debate that has adversely affected the progress in international climate change discussions for over a decade. The detrimental effect of climate change is growing, yet clean investments are still grossly insufficient making it necessary to rethink the approach to greening the global energy mix. The need for some level of concessional financing or outright subsidy support is widely understood but the approach must be equitable, non-political and deliver a sufficient level of support. The concept of anchoring regulation in a country's existing public-private partnership (PPP) framework to focus on creating the right policy environment will greatly facilitate mainstream implementation and reduce costs. This aspect of the framework is widely understood by many developing country governments and can be easily replicated not only in East Asia, but also in other regions. |
| format |
Publications & Research :: Working Paper |
| author |
Baietti, Aldo |
| author_facet |
Baietti, Aldo |
| author_sort |
Baietti, Aldo |
| title |
Green Infrastructure Finance : A Public-Private Partnership Approach to Climate Finance |
| title_short |
Green Infrastructure Finance : A Public-Private Partnership Approach to Climate Finance |
| title_full |
Green Infrastructure Finance : A Public-Private Partnership Approach to Climate Finance |
| title_fullStr |
Green Infrastructure Finance : A Public-Private Partnership Approach to Climate Finance |
| title_full_unstemmed |
Green Infrastructure Finance : A Public-Private Partnership Approach to Climate Finance |
| title_sort |
green infrastructure finance : a public-private partnership approach to climate finance |
| publisher |
World Bank, Washington, DC |
| publishDate |
2013 |
| url |
http://hdl.handle.net/10986/14857 |
| _version_ |
1764430961320132608 |