Main Menu

A Diagnostic Tool To Mobilise Private Climate Finance

World Affairs – Environment

Open eyes Opinion {source: ODI}

Mapping climate-relevant incentives and investment at country level: a diagnostic tool to mobilise private climate finance

There is consensus within the discourse on climate finance that there is a key role for the public sector (and donor funds more specifically) in mobilising private investment in climate-compatible development (CCD). However, there has been limited analysis about what specific role the public sector and public resources should play, particularly in light of recent findings on 1) the importance of domestic private investment, and 2) the current domination of public investment in international finance for CCD.

This paper describes a new methodology to support governments and development partners that wish to mobilise private finance for CCD.

The first aim of this methodology is to fill these key information gaps about incentives and investment at country level in climate-relevant sectors, in order to support governments in their efforts to shift or direct additional private resources to CCD.The second is to enhance understanding of the links between public support (both domestic and international) through regulatory, economic, and information instruments, and through private investment in CCD.

Applying this methodology involves completing three frameworks for any given country and sector (and sub-sectors) on: 1) relevant incentives, 2) sources of capital (current), and 3) investment trends (historic).

We have completed a first pilot application of this methodology in the energy sector in Uganda. The full results from this pilot application can be found in Whitley and Tumushabe (2014). The aim is to refine this methodology and these frameworks through the application of the approach across multiple countries and sectors.

About ODI

The Overseas Development Institute (ODI) is the UK’s leading independent think tank on international development and humanitarian issues.

OUR MISSION 

Our mission is to inspire and inform policy and practice which lead to the reduction of poverty, the alleviation of suffering and the achievement of sustainable livelihoods in developing countries.

We do this by locking together high quality applied research, practical policy advice, and policy-focused dissemination and debate.

We work with partners in the public and private sectors, in both developing and developed countries.

OUR WORK

As well as 12 core research programmes, we also host a number of flagship projects and run the ODI Fellowship Scheme. Read more in our Annual Report 2013-2014.

This map shows some of the highlights from our work in 2013-2014.

ORGANISATIONAL INFORMATION

ODI is an independent think tank with more than 230 staff, including researchers, communicators and specialist support staff. We provide high-quality research, policy advice, consultancy services and tailored training – bridging the gap between research and policy and using innovative communication to mobilise audiences.

As a registered charity, ODI is supported by grants and donations from foundations, non-governmental organisations, the private sector, governments, multilateral agencies and academia. You can find the full list of major donors in ourAnnual Report 2013-2014.

Company name: Overseas Development Institute
Place of registration: England & Wales
Company Number:  00661818
Registered office address: 203 Blackfriars Road, London. SE1 8NJ
Charity Registration Number: 228248

 

###

Click here for reuse options!
Copyright 2015 openeyesopinion.com





Comments are Closed