What are the channels for investment in sustainable energy infrastructure by institutional
investors (e.g. pension funds, insurance companies and sovereign wealth funds) and
what factors influence investment decisions? What key policy levers and risk mitigants
can governments use to facilitate these types of investments? What emerging channels
(such as green bonds, YieldCos and direct project investment) hold significant promise
for scaling up institutional investment?This report develops a framework that classifies
investments according to different types of financing instruments and investment funds,
and highlights the risk mitigants and transaction enablers that intermediaries (such
as public green investment banks and other public financial institutions) can use
to mobilise institutionally held capital. This framework can also be used to identify
where investments are or are not flowing, and focus attention on how governments can
support the development of potentially promising investment channels and consider
policy interventionsthat can make institutional investment in sustainable energy infrastructure
more likely.
, this inaugural Forum aimed to promote dialogue and enhance understanding between a wide range of countries and institutions interested in mobilising private investment financing for low carbon and climate-resilient (LCR) infrastructure, June 2014
G20: Communiqué, Finance Ministers and Central Bank Governors Meeting, 9-10 February 2015, Istanbul, Turkey
G20: Investment and Infrastructure, Remarks by Angel Gurría, OECD Secretary-General at the G20 Finance Ministers and Central Bank Governors’ Meeting, 10 February 2015, Istanbul, Turkey