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Transformative Climate Finance : A New Approach for Climate Finance to Achieve Low-Carbon Resilient Development in Developing Countries.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
World Bank Group.
Series:
Other Environmental Study.
World Bank e-Library.
Other Environmental Study
Language:
English
Subjects (All):
Carbon Policy and Trading.
Climate Change Economics.
Climate Change Mitigation and Green House Gases.
Environment.
Environmental Economics and Policies.
Finance and Development.
Finance and Financial Sector Development.
Fiscal Policy.
Macroeconomics and Economic Growth.
Technology Transfer.
Local Subjects:
Carbon Policy and Trading.
Climate Change Economics.
Climate Change Mitigation and Green House Gases.
Environment.
Environmental Economics and Policies.
Finance and Development.
Finance and Financial Sector Development.
Fiscal Policy.
Macroeconomics and Economic Growth.
Technology Transfer.
Other Title:
Transformative Climate Finance
Place of Publication:
Washington, D.C. : The World Bank, 2020.
System Details:
data file
Summary:
This report analyses options to make international public climate finance more transformative. The report identifies eight sets of levers to drive climate action: project-based investments, financial sector reform, fiscal policy, sectoral policies, trade policy, innovation and technology transfer, carbon markets, and climate intelligence. It then examines how climate finance is deployed to address barriers to action for each lever and derives general principles for transformative climate finance based on this analysis relating to allocation of climate finance, use of different financial instruments and other improvements in modalities and processes.

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