Raising US$23 Trillion : Greening Banks and Capital Markets for Growth

In December 2015, at the Conference of the Parties 21 (COP 21) in Paris, France, 196 countries came together to forge a climate change agreement that pledged to keep global warming to 2 degrees Celsius or less. To bring the world to this 2-degree t...

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Main Authors:	Kludovacz, Tibor, Stein, Peer, Rooprai, Gursimran
Format:	Working Paper
Language:	English
Published:	International Finance Corporation, Washington, DC 2018
Subjects:	EMERGING MARKET ECONOMIES CLIMATE CHANGE CLIMATE FINANCE GREEN BONDS CAPITAL MARKETS CLIMATE INVESTMENT DEBT MARKETS CLIMATE-SMART INVESTMENT ENERGY EFFICIENCY RENEWABLE ENERGY
Online Access:	http://documents.worldbank.org/curated/en/995131540533377620/Raising-United-States-U-S-23-Trillion-Dollars-Greening-Banks-and-Capital-Markets-for-Growth-G20-Input-Paper-on-Emerging-Markets http://hdl.handle.net/10986/30919

id	okr-10986-30919
recordtype	oai_dc
spelling	okr-10986-309192021-05-25T09:55:15Z Raising US$23 Trillion : Greening Banks and Capital Markets for Growth Kludovacz, Tibor Stein, Peer Rooprai, Gursimran EMERGING MARKET ECONOMIES CLIMATE CHANGE CLIMATE FINANCE GREEN BONDS CAPITAL MARKETS CLIMATE INVESTMENT DEBT MARKETS CLIMATE-SMART INVESTMENT ENERGY EFFICIENCY RENEWABLE ENERGY In December 2015, at the Conference of the Parties 21 (COP 21) in Paris, France, 196 countries came together to forge a climate change agreement that pledged to keep global warming to 2 degrees Celsius or less. To bring the world to this 2-degree track, the international energy agency estimates that the cumulative investments needed in energy supply and efficiency reach United States (U.S.) 53 trillion dollars. Based on the International Finance Corporation (IFC) analysis of U.S. 23 trillion dollars in climate-smart investment opportunities in emerging markets between 2016 and 2030, this paper analyzes the role of the banking sector and debt capital markets to provide the financing necessary. Banks will need to rely on debt capital markets to help with the necessary maturity transformation to match primarily longer dated assets with long-term liabilities. The paper concludes with several case studies that showcase how lenders leverage debt capital markets to increase their lending capacity to meet the significant financing needs that the climate transition presents. 2018-11-28T22:19:16Z 2018-11-28T22:19:16Z 2018-10 Working Paper http://documents.worldbank.org/curated/en/995131540533377620/Raising-United-States-U-S-23-Trillion-Dollars-Greening-Banks-and-Capital-Markets-for-Growth-G20-Input-Paper-on-Emerging-Markets http://hdl.handle.net/10986/30919 English CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	EMERGING MARKET ECONOMIES CLIMATE CHANGE CLIMATE FINANCE GREEN BONDS CAPITAL MARKETS CLIMATE INVESTMENT DEBT MARKETS CLIMATE-SMART INVESTMENT ENERGY EFFICIENCY RENEWABLE ENERGY
spellingShingle	EMERGING MARKET ECONOMIES CLIMATE CHANGE CLIMATE FINANCE GREEN BONDS CAPITAL MARKETS CLIMATE INVESTMENT DEBT MARKETS CLIMATE-SMART INVESTMENT ENERGY EFFICIENCY RENEWABLE ENERGY Kludovacz, Tibor Stein, Peer Rooprai, Gursimran Raising US$23 Trillion : Greening Banks and Capital Markets for Growth
description	In December 2015, at the Conference of the Parties 21 (COP 21) in Paris, France, 196 countries came together to forge a climate change agreement that pledged to keep global warming to 2 degrees Celsius or less. To bring the world to this 2-degree track, the international energy agency estimates that the cumulative investments needed in energy supply and efficiency reach United States (U.S.) 53 trillion dollars. Based on the International Finance Corporation (IFC) analysis of U.S. 23 trillion dollars in climate-smart investment opportunities in emerging markets between 2016 and 2030, this paper analyzes the role of the banking sector and debt capital markets to provide the financing necessary. Banks will need to rely on debt capital markets to help with the necessary maturity transformation to match primarily longer dated assets with long-term liabilities. The paper concludes with several case studies that showcase how lenders leverage debt capital markets to increase their lending capacity to meet the significant financing needs that the climate transition presents.
format	Working Paper
author	Kludovacz, Tibor Stein, Peer Rooprai, Gursimran
author_facet	Kludovacz, Tibor Stein, Peer Rooprai, Gursimran
author_sort	Kludovacz, Tibor
title	Raising US$23 Trillion : Greening Banks and Capital Markets for Growth
title_short	Raising US$23 Trillion : Greening Banks and Capital Markets for Growth
title_full	Raising US$23 Trillion : Greening Banks and Capital Markets for Growth
title_fullStr	Raising US$23 Trillion : Greening Banks and Capital Markets for Growth
title_full_unstemmed	Raising US$23 Trillion : Greening Banks and Capital Markets for Growth
title_sort	raising us$23 trillion : greening banks and capital markets for growth
publisher	International Finance Corporation, Washington, DC
publishDate	2018
url	http://documents.worldbank.org/curated/en/995131540533377620/Raising-United-States-U-S-23-Trillion-Dollars-Greening-Banks-and-Capital-Markets-for-Growth-G20-Input-Paper-on-Emerging-Markets http://hdl.handle.net/10986/30919
_version_	1764473082003587072

Raising US$23 Trillion : Greening Banks and Capital Markets for Growth

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