Special Roundtable Discussion, 25 September 2012, OECD Headquarters, Paris
A two-part roundtable discussion was held on how to integrate investment and climate change policies at the domestic level to provide a coherent, stable, long-term policy framework to catalyse investment in low-carbon, climate-resilient (LCR) infrastructure. The theme covered in each part was introduced by the Secretariat, followed by a panel of national government and expert interventions to reflect on country experience.
Roundtable chair: Sveinung André Kvalø (Ministry of Environment, Norway)
Part 1. Towards a Green Investment Policy Framework: Key Sector Challenges, Risks and Opportunities
Achieving the policy goals of low-carbon, climate-resilient development require “greening infrastructure” investments starting today to avoid lock-in to high emission and vulnerable development pathways of tomorrow. Particularly in the face of constrained public budgets, governments are turning to the private sector to fill the infrastructure investment gap.
This first part of the panel discussion provided an overview of the challenges, risks and opportunities to mobilise private investment in low-carbon, climate-resilient (LCR) infrastructure. It introduced the main elements of the policy framework and illustrated different parts of it with case studies and examples. The latter included a sharing of results from the UK on British industry, of KfW’s financing programme on green buildings within the broader green investment policy context in Germany and a case study on sustainable housing and green investment in South Africa.
Part 2. An Illustrative Look at the Transport Sector Drawing on Case Studies (India, Mexico)
This session examined the questions outlined above with a special look at the transport sector. Transportation infrastructure is a pillar of economic development and a key driver of climate change. Transport related GHG emissions are expected to double by 2050 in the absence of new policies and once built, infrastructure can lock-in vulnerability or resilience to climate change. Leveraging private sector investment could accelerate LCR transformation in this sector. This discussion built on two case studies: i) Bus Rapid Transit systems in Mexico City and ii) development of a sustainable urban mobility platform in India. It drew on other country examples and connected these to a broader international context to advance environmentally-sustainable transport solutions.
Closing remarks, Helen Mountford, Deputy Director, OECD Environment Directorate
|“Towards a Green Investment Policy Framework: The Case of Low-Carbon, Climate-Resilient Infrastructure”|
|“Mobilising Private Investment in Low-Carbon, Climate-Resilient Infrastructure”|
|“Mobilising Private Investment in Sustainable Transport Infrastructure: The Case of Land-based Passenger Transport Infrastructure”|
Case studies from external contributors (see also presentations above)
Other background publications
This event was co-sponsored by the OECD and the Climate Change Expert Group (CCXG), which is jointly supported by the OECD and the International Energy Agency (IEA). Funding and in-kind contributions for this workstream were provided by the UK and German governments.
Contacts: Virginie Marchal (virginie.marchal[at]oecd.org) and Geraldine Ang (geraldine.ang[at]oecd.org)