Limiting climate change to 2°C requires a major shift in investment patterns towards low-carbon, climate resilient options. Scaled-up public funding and financial mechanisms will be a motor of change; they can leverage private climate finance and investment and support domestic policy reform. A central challenge is to avoid “lock-in” to high-emission infrastructure and increased vulnerability in the way we develop. The OECD works with governments to promote good practice to scale up and better target public and private finance to support climate-friendly investment.
Useful links to OECD work on:
Investment and Climate Change
Investment for Green Growth
Foreign Direct Investment (FDI)
Climate Change Expert Group (CCXG)
International Energy Agency and Climate Change