Accessing International Climate Change Related Finance in Latin America and the Caribbean
Financing projects and programs to mitigate impacts of, and adapt to, the climate change is a matter of necessity not choice. This green expenditure policy note looks at factors facilitating the access to international financial instruments for Lat...
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| Format: | Other Financial Sector Study |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/06/17939143/latin-america-accessing-international-climate-change-related-finance-latin-america-caribbean http://hdl.handle.net/10986/16073 |
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okr-10986-16073 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCREDITATION ADVANCED ECONOMIES ADVERSE EFFECTS OF CLIMATE CHANGE AGRICULTURE ORGANIZATION ALLOWANCES ALTERNATIVE ENERGY APPLICATION PROCESS ATMOSPHERIC CONCENTRATION AWARENESS OF CLIMATE CHANGE CAPITAL INVESTMENTS CAPITAL MARKET CARBON CARBON CREDITS CARBON EMISSIONS CARBON EMISSIONS FROM DEFORESTATION CARBON FINANCE CARBON MARKET CARBON MARKETS CARBON NEUTRAL CARBON OFFSET CARBON OFFSETS CARBON TAXES CERTIFIED EMISSIONS REDUCTIONS CHEMICALS CLEAN DEVELOPMENT MECHANISM CLEAN ENERGY CLEAN ENERGY TECHNOLOGIES CLEAN TECHNOLOGY CLIMATE CLIMATE ACTION CLIMATE CHANGE CLIMATE CHANGE ACTIVITIES CLIMATE CHANGE ADAPTATION CLIMATE CHANGE CHALLENGES CLIMATE CHANGE FUND CLIMATE CHANGE FUNDS CLIMATE CHANGE MITIGATION CLIMATE CHANGE PROBLEMS CLIMATE CHANGE PROGRAM CLIMATE CHANGE RESEARCH CLIMATE CHANGE STRATEGY CLIMATE FACTORS CLIMATE INITIATIVE CLIMATE INVESTMENT CLIMATE MITIGATION CLIMATE POLICY CLIMATE RESILIENCE CLIMATE SPECIALISTS CLIMATE-CHANGE CLIMATE-RELATED DISASTERS CO CO2 COLORS CONCEPTUAL FRAMEWORK COSTS OF CLIMATE CHANGE CPI DEBT DEFORESTATION DEMAND FOR ENERGY DEMOGRAPHICS DEVELOPED COUNTRIES DEVELOPMENT ASSISTANCE DEVELOPMENT BANK DEVELOPMENT BANKS DISASTER PREVENTION DNA DOMESTIC SOURCES ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE ECOSYSTEM ELIGIBILITY CRITERIA EMISSION EMISSION REDUCTION EMISSION REDUCTION POTENTIAL EMISSION REDUCTION TARGETS EMISSION REDUCTIONS EMISSION TRADING EMISSION-REDUCTION EMISSIONS EMISSIONS FROM DEFORESTATION EMISSIONS REDUCTION ENERGY CONSUMPTION ENERGY EFFICIENCY ENERGY SECURITY ENVIRONMENTAL ENVIRONMENTAL ECONOMICS ENVIRONMENTAL IMPACTS ENVIRONMENTAL ISSUES ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL POLICIES ENVIRONMENTAL POLICY ENVIRONMENTAL PROBLEMS ENVIRONMENTAL REGULATION ENVIRONMENTAL TAXATION ENVIRONMENTAL TAXES EQUITY INVESTMENTS EXPENDITURE EXPENDITURES EXPOSURE TO CLIMATE CHANGE EXTREME CLIMATE EVENTS EXTREME WEATHER FIDUCIARY STANDARDS FINANCE INITIATIVES FINANCIAL CHALLENGES FINANCIAL INCENTIVES FINANCIAL INSTRUMENTS FINANCIAL INTERMEDIARY FINANCIAL MARKETS FINANCIAL RESOURCES FINANCIAL RISK FINANCIAL TOOLS FOREIGN DIRECT INVESTMENT FOREST FOREST CARBON FOREST CARBON STOCKS FOREST DEGRADATION FOREST INVESTMENT FOREST RESOURCES FORESTRY FORESTS FRAMEWORK CONVENTION ON CLIMATE CHANGE FUNDING SOURCES GHG GHGS GLOBAL CLIMATE GLOBAL ENVIRONMENT FACILITY GLOBAL ENVIRONMENTAL FACILITY GLOBAL GREENHOUSE GAS GLOBAL WARMING GOVERNMENT POLICY GREATER ACCESS GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GROSS NATIONAL INCOME INEQUALITY INNOVATIVE FINANCING INSTITUTIONAL INVESTORS INSURANCE INTERGOVERNMENTAL PANEL ON CLIMATE CHANGE INTERNATIONAL BANK INTERNATIONAL FINANCE INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL FOREST CARBON INVESTMENT BANK ISLAND ECONOMIES LAND DEGRADATION LAND USE LAND USE CHANGE LINES OF CREDIT LOW-CARBON METHANE MITIGATION OF CLIMATE CHANGE MONETARY FUND MULTILATERAL FINANCIAL INSTITUTIONS N2O NATIONAL CLIMATE NATIONAL CLIMATE CHANGE NATIONAL INCOME NATURAL RESOURCES ODS OFFSET CREDITS OIL OZONE PENSION FUNDS PEOPLES POLLUTERS POLLUTION PORTFOLIO PP PRIVATE EQUITY PRIVATE INVESTMENT PRIVATE INVESTORS PROPERTY RIGHTS PUBLIC FINANCE PUBLIC FINANCES PUBLIC POLICY RAINFALL RECYCLING REDUCING EMISSIONS REGIONAL CLIMATE REGIONAL CLIMATE PROJECTIONS REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE ENERGY SOURCES RESOURCE ALLOCATION RESOURCE USE SCIENTIFIC RESEARCH SOURCES OF FINANCE STRATEGIES FOR CLIMATE CHANGE SUSTAINABLE DEVELOPMENT SUSTAINABLE MANAGEMENT TECHNOLOGICAL CHANGE UNEP UNION VULNERABILITY TO CLIMATE CHANGE WASTE MANAGEMENT WIND |
| spellingShingle |
ACCREDITATION ADVANCED ECONOMIES ADVERSE EFFECTS OF CLIMATE CHANGE AGRICULTURE ORGANIZATION ALLOWANCES ALTERNATIVE ENERGY APPLICATION PROCESS ATMOSPHERIC CONCENTRATION AWARENESS OF CLIMATE CHANGE CAPITAL INVESTMENTS CAPITAL MARKET CARBON CARBON CREDITS CARBON EMISSIONS CARBON EMISSIONS FROM DEFORESTATION CARBON FINANCE CARBON MARKET CARBON MARKETS CARBON NEUTRAL CARBON OFFSET CARBON OFFSETS CARBON TAXES CERTIFIED EMISSIONS REDUCTIONS CHEMICALS CLEAN DEVELOPMENT MECHANISM CLEAN ENERGY CLEAN ENERGY TECHNOLOGIES CLEAN TECHNOLOGY CLIMATE CLIMATE ACTION CLIMATE CHANGE CLIMATE CHANGE ACTIVITIES CLIMATE CHANGE ADAPTATION CLIMATE CHANGE CHALLENGES CLIMATE CHANGE FUND CLIMATE CHANGE FUNDS CLIMATE CHANGE MITIGATION CLIMATE CHANGE PROBLEMS CLIMATE CHANGE PROGRAM CLIMATE CHANGE RESEARCH CLIMATE CHANGE STRATEGY CLIMATE FACTORS CLIMATE INITIATIVE CLIMATE INVESTMENT CLIMATE MITIGATION CLIMATE POLICY CLIMATE RESILIENCE CLIMATE SPECIALISTS CLIMATE-CHANGE CLIMATE-RELATED DISASTERS CO CO2 COLORS CONCEPTUAL FRAMEWORK COSTS OF CLIMATE CHANGE CPI DEBT DEFORESTATION DEMAND FOR ENERGY DEMOGRAPHICS DEVELOPED COUNTRIES DEVELOPMENT ASSISTANCE DEVELOPMENT BANK DEVELOPMENT BANKS DISASTER PREVENTION DNA DOMESTIC SOURCES ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE ECOSYSTEM ELIGIBILITY CRITERIA EMISSION EMISSION REDUCTION EMISSION REDUCTION POTENTIAL EMISSION REDUCTION TARGETS EMISSION REDUCTIONS EMISSION TRADING EMISSION-REDUCTION EMISSIONS EMISSIONS FROM DEFORESTATION EMISSIONS REDUCTION ENERGY CONSUMPTION ENERGY EFFICIENCY ENERGY SECURITY ENVIRONMENTAL ENVIRONMENTAL ECONOMICS ENVIRONMENTAL IMPACTS ENVIRONMENTAL ISSUES ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL POLICIES ENVIRONMENTAL POLICY ENVIRONMENTAL PROBLEMS ENVIRONMENTAL REGULATION ENVIRONMENTAL TAXATION ENVIRONMENTAL TAXES EQUITY INVESTMENTS EXPENDITURE EXPENDITURES EXPOSURE TO CLIMATE CHANGE EXTREME CLIMATE EVENTS EXTREME WEATHER FIDUCIARY STANDARDS FINANCE INITIATIVES FINANCIAL CHALLENGES FINANCIAL INCENTIVES FINANCIAL INSTRUMENTS FINANCIAL INTERMEDIARY FINANCIAL MARKETS FINANCIAL RESOURCES FINANCIAL RISK FINANCIAL TOOLS FOREIGN DIRECT INVESTMENT FOREST FOREST CARBON FOREST CARBON STOCKS FOREST DEGRADATION FOREST INVESTMENT FOREST RESOURCES FORESTRY FORESTS FRAMEWORK CONVENTION ON CLIMATE CHANGE FUNDING SOURCES GHG GHGS GLOBAL CLIMATE GLOBAL ENVIRONMENT FACILITY GLOBAL ENVIRONMENTAL FACILITY GLOBAL GREENHOUSE GAS GLOBAL WARMING GOVERNMENT POLICY GREATER ACCESS GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GROSS NATIONAL INCOME INEQUALITY INNOVATIVE FINANCING INSTITUTIONAL INVESTORS INSURANCE INTERGOVERNMENTAL PANEL ON CLIMATE CHANGE INTERNATIONAL BANK INTERNATIONAL FINANCE INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL FOREST CARBON INVESTMENT BANK ISLAND ECONOMIES LAND DEGRADATION LAND USE LAND USE CHANGE LINES OF CREDIT LOW-CARBON METHANE MITIGATION OF CLIMATE CHANGE MONETARY FUND MULTILATERAL FINANCIAL INSTITUTIONS N2O NATIONAL CLIMATE NATIONAL CLIMATE CHANGE NATIONAL INCOME NATURAL RESOURCES ODS OFFSET CREDITS OIL OZONE PENSION FUNDS PEOPLES POLLUTERS POLLUTION PORTFOLIO PP PRIVATE EQUITY PRIVATE INVESTMENT PRIVATE INVESTORS PROPERTY RIGHTS PUBLIC FINANCE PUBLIC FINANCES PUBLIC POLICY RAINFALL RECYCLING REDUCING EMISSIONS REGIONAL CLIMATE REGIONAL CLIMATE PROJECTIONS REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE ENERGY SOURCES RESOURCE ALLOCATION RESOURCE USE SCIENTIFIC RESEARCH SOURCES OF FINANCE STRATEGIES FOR CLIMATE CHANGE SUSTAINABLE DEVELOPMENT SUSTAINABLE MANAGEMENT TECHNOLOGICAL CHANGE UNEP UNION VULNERABILITY TO CLIMATE CHANGE WASTE MANAGEMENT WIND World Bank Accessing International Climate Change Related Finance in Latin America and the Caribbean |
| geographic_facet |
Latin America & Caribbean Caribbean Latin America |
| description |
Financing projects and programs to
mitigate impacts of, and adapt to, the climate change is a
matter of necessity not choice. This green expenditure
policy note looks at factors facilitating the access to
international financial instruments for Latin America and
the Caribbean (LAC) countries that support mitigation of and
adaptation to climate change. This policy note explores two
questions: (i) does the quality of government institutions
matter for enabling action aimed at mitigation or adaptation
to the climate change?; and (ii) what financial instruments
are available to governments in addition to own resources to
address climate change challenges? This policy note aims to
present them with advice on how to achieve greater access to
international financing or co-financing of projects
supporting renewable and alternative energy generation for
transport, agriculture, housing, preservation of unique
ecosystems, and other projects supporting sustainable
development. This policy note describes the climate
challenges facing the LAC region and then discusses the
various climate financing flows. It discusses the factors
affecting LAC countries' access to climate financing,
and how countries can apply to several of the principal
global and regional climate funds. The objective is to
disseminate knowledge that will help governments of all LAC
countries, and particularly finance ministries, understand
and access new climate funds and financing mechanisms. The
policy note consists of three parts: part one reviews the
global landscape of the climate change financing for
mitigation and adaptation and emerging trends, identifies
various financial instruments, and presents an overview of
the LAC's share of available finances from several
public financing sources, both bilateral and multilateral.
Part two reviews two case studies for Bolivia and El
Salvador that demonstrate how each of these countries
addresses environmental challenges through its policies,
institutional systems and involvement of the civil society.
Part three includes technical annexes, which represent a
compilation of technical information presenting main climate
change financial instruments. A list of global and
specialized climate funds of possible interest to LAC
countries appear in annex one. A complementary list of
climate finance instruments appears in annex two, in which
climate funds as well as financial tools are named,
described, and categorized according to their primary
purpose. A more detailed description of several of the
largest climate funds including when such funds were
founded, their purpose, and eligibility requirements are
presented in annex three. Annex four provides a step-by-step
description of how to apply to the largest climate funds.
Annex five lists the LAC projects that have been supported
by Global Environment Facility (GEF) by country. |
| format |
Economic & Sector Work :: Other Financial Sector Study |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Accessing International Climate Change Related Finance in Latin America and the Caribbean |
| title_short |
Accessing International Climate Change Related Finance in Latin America and the Caribbean |
| title_full |
Accessing International Climate Change Related Finance in Latin America and the Caribbean |
| title_fullStr |
Accessing International Climate Change Related Finance in Latin America and the Caribbean |
| title_full_unstemmed |
Accessing International Climate Change Related Finance in Latin America and the Caribbean |
| title_sort |
accessing international climate change related finance in latin america and the caribbean |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2013/06/17939143/latin-america-accessing-international-climate-change-related-finance-latin-america-caribbean http://hdl.handle.net/10986/16073 |
| _version_ |
1764431443413434368 |
| spelling |
okr-10986-160732021-04-23T14:03:22Z Accessing International Climate Change Related Finance in Latin America and the Caribbean World Bank ACCREDITATION ADVANCED ECONOMIES ADVERSE EFFECTS OF CLIMATE CHANGE AGRICULTURE ORGANIZATION ALLOWANCES ALTERNATIVE ENERGY APPLICATION PROCESS ATMOSPHERIC CONCENTRATION AWARENESS OF CLIMATE CHANGE CAPITAL INVESTMENTS CAPITAL MARKET CARBON CARBON CREDITS CARBON EMISSIONS CARBON EMISSIONS FROM DEFORESTATION CARBON FINANCE CARBON MARKET CARBON MARKETS CARBON NEUTRAL CARBON OFFSET CARBON OFFSETS CARBON TAXES CERTIFIED EMISSIONS REDUCTIONS CHEMICALS CLEAN DEVELOPMENT MECHANISM CLEAN ENERGY CLEAN ENERGY TECHNOLOGIES CLEAN TECHNOLOGY CLIMATE CLIMATE ACTION CLIMATE CHANGE CLIMATE CHANGE ACTIVITIES CLIMATE CHANGE ADAPTATION CLIMATE CHANGE CHALLENGES CLIMATE CHANGE FUND CLIMATE CHANGE FUNDS CLIMATE CHANGE MITIGATION CLIMATE CHANGE PROBLEMS CLIMATE CHANGE PROGRAM CLIMATE CHANGE RESEARCH CLIMATE CHANGE STRATEGY CLIMATE FACTORS CLIMATE INITIATIVE CLIMATE INVESTMENT CLIMATE MITIGATION CLIMATE POLICY CLIMATE RESILIENCE CLIMATE SPECIALISTS CLIMATE-CHANGE CLIMATE-RELATED DISASTERS CO CO2 COLORS CONCEPTUAL FRAMEWORK COSTS OF CLIMATE CHANGE CPI DEBT DEFORESTATION DEMAND FOR ENERGY DEMOGRAPHICS DEVELOPED COUNTRIES DEVELOPMENT ASSISTANCE DEVELOPMENT BANK DEVELOPMENT BANKS DISASTER PREVENTION DNA DOMESTIC SOURCES ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE ECOSYSTEM ELIGIBILITY CRITERIA EMISSION EMISSION REDUCTION EMISSION REDUCTION POTENTIAL EMISSION REDUCTION TARGETS EMISSION REDUCTIONS EMISSION TRADING EMISSION-REDUCTION EMISSIONS EMISSIONS FROM DEFORESTATION EMISSIONS REDUCTION ENERGY CONSUMPTION ENERGY EFFICIENCY ENERGY SECURITY ENVIRONMENTAL ENVIRONMENTAL ECONOMICS ENVIRONMENTAL IMPACTS ENVIRONMENTAL ISSUES ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL POLICIES ENVIRONMENTAL POLICY ENVIRONMENTAL PROBLEMS ENVIRONMENTAL REGULATION ENVIRONMENTAL TAXATION ENVIRONMENTAL TAXES EQUITY INVESTMENTS EXPENDITURE EXPENDITURES EXPOSURE TO CLIMATE CHANGE EXTREME CLIMATE EVENTS EXTREME WEATHER FIDUCIARY STANDARDS FINANCE INITIATIVES FINANCIAL CHALLENGES FINANCIAL INCENTIVES FINANCIAL INSTRUMENTS FINANCIAL INTERMEDIARY FINANCIAL MARKETS FINANCIAL RESOURCES FINANCIAL RISK FINANCIAL TOOLS FOREIGN DIRECT INVESTMENT FOREST FOREST CARBON FOREST CARBON STOCKS FOREST DEGRADATION FOREST INVESTMENT FOREST RESOURCES FORESTRY FORESTS FRAMEWORK CONVENTION ON CLIMATE CHANGE FUNDING SOURCES GHG GHGS GLOBAL CLIMATE GLOBAL ENVIRONMENT FACILITY GLOBAL ENVIRONMENTAL FACILITY GLOBAL GREENHOUSE GAS GLOBAL WARMING GOVERNMENT POLICY GREATER ACCESS GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GROSS NATIONAL INCOME INEQUALITY INNOVATIVE FINANCING INSTITUTIONAL INVESTORS INSURANCE INTERGOVERNMENTAL PANEL ON CLIMATE CHANGE INTERNATIONAL BANK INTERNATIONAL FINANCE INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL FOREST CARBON INVESTMENT BANK ISLAND ECONOMIES LAND DEGRADATION LAND USE LAND USE CHANGE LINES OF CREDIT LOW-CARBON METHANE MITIGATION OF CLIMATE CHANGE MONETARY FUND MULTILATERAL FINANCIAL INSTITUTIONS N2O NATIONAL CLIMATE NATIONAL CLIMATE CHANGE NATIONAL INCOME NATURAL RESOURCES ODS OFFSET CREDITS OIL OZONE PENSION FUNDS PEOPLES POLLUTERS POLLUTION PORTFOLIO PP PRIVATE EQUITY PRIVATE INVESTMENT PRIVATE INVESTORS PROPERTY RIGHTS PUBLIC FINANCE PUBLIC FINANCES PUBLIC POLICY RAINFALL RECYCLING REDUCING EMISSIONS REGIONAL CLIMATE REGIONAL CLIMATE PROJECTIONS REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE ENERGY SOURCES RESOURCE ALLOCATION RESOURCE USE SCIENTIFIC RESEARCH SOURCES OF FINANCE STRATEGIES FOR CLIMATE CHANGE SUSTAINABLE DEVELOPMENT SUSTAINABLE MANAGEMENT TECHNOLOGICAL CHANGE UNEP UNION VULNERABILITY TO CLIMATE CHANGE WASTE MANAGEMENT WIND Financing projects and programs to mitigate impacts of, and adapt to, the climate change is a matter of necessity not choice. This green expenditure policy note looks at factors facilitating the access to international financial instruments for Latin America and the Caribbean (LAC) countries that support mitigation of and adaptation to climate change. This policy note explores two questions: (i) does the quality of government institutions matter for enabling action aimed at mitigation or adaptation to the climate change?; and (ii) what financial instruments are available to governments in addition to own resources to address climate change challenges? This policy note aims to present them with advice on how to achieve greater access to international financing or co-financing of projects supporting renewable and alternative energy generation for transport, agriculture, housing, preservation of unique ecosystems, and other projects supporting sustainable development. This policy note describes the climate challenges facing the LAC region and then discusses the various climate financing flows. It discusses the factors affecting LAC countries' access to climate financing, and how countries can apply to several of the principal global and regional climate funds. The objective is to disseminate knowledge that will help governments of all LAC countries, and particularly finance ministries, understand and access new climate funds and financing mechanisms. The policy note consists of three parts: part one reviews the global landscape of the climate change financing for mitigation and adaptation and emerging trends, identifies various financial instruments, and presents an overview of the LAC's share of available finances from several public financing sources, both bilateral and multilateral. Part two reviews two case studies for Bolivia and El Salvador that demonstrate how each of these countries addresses environmental challenges through its policies, institutional systems and involvement of the civil society. Part three includes technical annexes, which represent a compilation of technical information presenting main climate change financial instruments. A list of global and specialized climate funds of possible interest to LAC countries appear in annex one. A complementary list of climate finance instruments appears in annex two, in which climate funds as well as financial tools are named, described, and categorized according to their primary purpose. A more detailed description of several of the largest climate funds including when such funds were founded, their purpose, and eligibility requirements are presented in annex three. Annex four provides a step-by-step description of how to apply to the largest climate funds. Annex five lists the LAC projects that have been supported by Global Environment Facility (GEF) by country. 2013-10-03T19:47:38Z 2013-10-03T19:47:38Z 2013-06-14 http://documents.worldbank.org/curated/en/2013/06/17939143/latin-america-accessing-international-climate-change-related-finance-latin-america-caribbean http://hdl.handle.net/10986/16073 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Financial Sector Study Economic & Sector Work Latin America & Caribbean Caribbean Latin America |