Mobilizing Public and Private Funds for Inclusive Green Growth Investment in Developing Countries : A Stocktaking Report Prepared for the G20 Development Working Group
The G20 countries have increasingly recognized the importance of green growth in recent years, and many countries are demonstrating strong leadership through effective and progressive policies.The focus has so far been on creating new economic oppo...
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
International Finance Corporation, Washington, D.C.
2017
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| Online Access: | http://documents.worldbank.org/curated/en/410331490090808400/Mobilizing-public-and-private-funds-for-inclusive-green-growth-investment-in-developing-countries-a-stocktaking-report-prepared-for-the-G20-development-working-group http://hdl.handle.net/10986/26450 |
| Summary: | The G20 countries have increasingly
recognized the importance of green growth in recent years,
and many countries are demonstrating strong leadership
through effective and progressive policies.The focus has so
far been on creating new economic opportunities while
solving environmental and resource scarcity challenges.
However, governments do not act alone—the private sector is
a natural partner, providing new technologies, business
models and investment opportunities across a variety of
sectors to help scale-up transformation. Since the 2008
Pittsburgh G20 Summit, inorder to foster these partnerships
and leadership by the private sector there has beena surge
in related intergovernmental, non-governmental and private
sector platforms, to actively promote government policies
and public-private partnerships to deliver greater
investment in resource-efficient, low-carbon infrastructure
and services. As the largest development finance institution
dedicated to private sector development,with a strong
emphasis on sustainability,International Finance Corporation
(IFC) was commissioned to undertake an extensive literature
review as a stocktaking exercise on existingmechanisms to
mobilize private capital for inclusive green growth (IGG)
investmentsin developing countries, as preparation for
LosCabos. This overview starts with the high-level findings
of the expanded literature review. In order to help readers
navigate the vast amounts of information reviewed, a
software tool has been developed that allows searches by
theme, geography, sector, instrument, and nother interests.
The overview then provides a mapping of financial flows
relevant to IGG based on existing information and identifies
gaps in our knowledge along sectoral and geographical lines. |
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