This Policy Paper describes the relatively new phenomenon of publicly-capitalised green investment banks and examines why they are being created and how they are mobilising private investment. It draws on the OECD report “Green Investment Banks: Scaling up Private Investment in Low-carbon, Climate-resilient Infrastructure".
The UN Climate Change Conference (COP22) was held in Bab Ighli, Marrakech, Morocco from 7-18 November 2016. Check out the OECD's contributions and our programme of side events to the conference.
This note sets out projections for climate finance in 2020 along with the underlying assumptions and methodologies used to construct them based on recent climate finance pledges by countries and multilateral institutions.
Building on the success of the previous Green Investment Financing Forums, the OECD held its 3rd Forum on 13-14 October 2016 in Tokyo, Japan. This year’s edition focused on Asia – a region with rapidly growing economies, developing financial markets and colossal green investment needs. Speaker presentations and biographies are now available.
On Monday 26 September, OECD Environment Director, Simon Upton, hosted Kurt van Dender, OECD environmental tax policy expert from the Centre for Tax Policy and Administration to discuss the OECD publication on Effective Carbon Rates - a new, combined measure of the extended to which countries use taxes and emissions trading systems to price carbon, and explore the carbon pricing gap.
The Global Forum was held on 13-14 September 2016; and brought together approximately 200 delegates from both OECD and non-OECD countries to discuss the theme of transparency, and the issues discussed included transparency of mitigation and support.
Anyone else feeling exhausted by all this drum humming about air pollution? Indeed it appears the fumes won’t be dissipating any time soon as we consider the extent to which tyre and brake rubbish exacerbate the problem.
Climate change is not just about a change in climate towards hotter, wetter, and drier conditions, but also about an increase in the variability of the climate, as well as in the number and severity of extreme events.
The Climate Fund Inventory (CFI) database is a qualitative database of bilateral and multilateral public climate funds. This CFI initiative is in response to the proliferation of the number of climate funds that have been established to support countries with their climate change mitigation and adaptation actions, as well as readiness activities.
This report provides the first comprehensive study of publicly capitalised green investment banks (GIBs), analysing the rationales, mandates and financing activities of this relatively new category of public financial institution. Based on the experience of over a dozen GIBs and GIB-like entities, the report provides a non-prescriptive stock-taking of the diverse ways in which these public institutions are catalysing private investment in low-carbon, climate-resilient infrastructure and other green sectors, with a spotlight on energy efficiency projects. The report also provides practical information to policy makers on how green investment banks are being set up, capitalised and staffed.