Catalyzing Private Sector Investment in Climate Smart Cities
The objective of this report is to explore innovative financing instruments and approaches for catalyzing private sector financing to fill the climate-smart investment gap in cities. The report reviews the existing literature, highlights key barrie...
| Main Authors: | , , |
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| Format: | Report |
| Language: | English |
| Published: |
World Bank and United Nations Development Programme
2021
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/179101596519553908/Catalyzing-Private-Sector-Investment-in-Climate-Smart-Cities http://hdl.handle.net/10986/35928 |
| Summary: | The objective of this report is to
explore innovative financing instruments and approaches for
catalyzing private sector financing to fill the
climate-smart investment gap in cities. The report reviews
the existing literature, highlights key barriers in
scaling-up private investment in climate-smart urban
infrastructure, and showcases innovative financial
de-risking instruments and other financial instruments for
private sector financing for low carbon, resilient urban
investments. The first chapter of the report introduces the
topic and the second presents the challenges and the
opportunities of urban climate investments. The third
chapter discusses climate-smart cities and types of urban
mitigation and resilience investments. The fourth chapter
reviews and provides a framework to examine the
interconnected layers of investment barriers specific to
private investment, city financing, and climate-smart
projects. Considering these risks allows investors and other
stakeholders to better understand the complex web of
challenges to expanding investment in urban climate projects
and how they build on one another. Chapter five presents 10
case studies of innovative financing approaches to address
some of these barriers and mobilize private sector finance
for low carbon, resilient urban development. Finally, the
conclusion in chapter six offers some key findings and
considerations for the wider community of practice. |
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