Scaling Up Investment in Climate Change Mitigation Activities : Interface with the World Bank's Carbon Partnership Facility
The case for scaling up mitigation efforts is urgent and has been made repeatedly in the last few years whether denominated in gigatonnes of needed reductions in greenhouse gas emissions per year or tens of 'gigadollars' of needed annual...
| Main Authors: | , , , , , , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/243801468337181315/Scaling-up-investment-in-climate-change-mitigation-activities http://hdl.handle.net/10986/28272 |
| Summary: | The case for scaling up mitigation
efforts is urgent and has been made repeatedly in the last
few years whether denominated in gigatonnes of needed
reductions in greenhouse gas emissions per year or tens of
'gigadollars' of needed annual investments in zero
and low carbon technologies and systems. The World Bank is
now beginning to actively engage partners it contemplates in
its new carbon partnership facility. As these discussions
'get down to business', it will be helpful to have
a better understanding of the types of scaling up
opportunities and the steps that need to be taken to get
proper policy frameworks in place (internationally and
domestically) to ensure carbon finance plays an effective
role. This paper is organised as follows : Section 2
provides detail on what 'scaling up' means in
practice. It draws from literature looking at this question
from a range of perspectives; and Section 3 looks at the
policy and investment situation for scaling up activities
that exists today, i.e. in advance of any new policy
instruments being considered in a post-2012 context. |
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