Financing Climate Futures
Rethinking Infrastructure
Infrastructure worldwide has suffered from chronic under-investment for decades and
currently makes up more than 60% of greenhouse gas emissions. A deep transformation
of existing infrastructure systems is needed for both climate and development, one
that includes systemic conceptual and behavioural changes in the ways in which we
manage and govern our societies and economies. This report is a joint effort by the
OECD, UN Environment and the World Bank Group, supported by the German Federal Ministry
for the Environment, Nature Conservation and Nuclear Safety. It focuses on how governments
can move beyond the current incremental approach to climate action and more effectively
align financial flows with climate and development priorities. The report explores
six key transformative areas that will be critical to align financial flows with low-emission
and resilient societies (planning, innovation, public budgeting, financial systems,
development finance, and cities) and looks at how rapid socio-economic and technological
developments, such as digitalisation, can open new pathways to low-emission, resilient
futures.
Published on November 28, 2018
SUMMARIESavailable in 15 languages
English | Financing Climate Futures (Summary in English) | |
French | Financement de l’avenir climatique | |
Spanish | Financiar los futuros del clima | |
German | Finanzierung der Klimazukunft | |
Japanese | 未来の気候変動への資金提供 | |
Italian | Il finanziamento delle future azioni per il clima | |
Arabic | تمويل مستقبل المناخ | |
Chinese | 为气候的未来融资 | |
Korean | 기후 미래에 대한 파이낸싱 | |
Lithuanian | Klimato ateities finansavimas | |
Portuguese | Financiamento dos Futuros Climáticos | |
Russian | Механизмы финансирования для будущего климата | |
Slovak | Financovanie budúcnosti klímy | |
Swedish | Klimatfinansiering för framtiden | |
Turkish | Finansal İklim Özellikleri |
TABLE OF CONTENTS
Foreword | |
Acronyms and abbreviations | |
Executive summary | |
Climate, infrastructure and finance: An agenda for transformation | |
Plan infrastructure for a low-emission and resilient future | |
Unleash innovation to accelerate the transition | |
Ensure fiscal sustainability for a low-emission, resilient future | |
Reset the financial system in line with long-term climate risks and opportunities | |
Rethink development finance for climate | |
Empower city governments to build low-emission and resilient urban societies |
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