Drummond, Paul;
Ameli, Nadia;
Grubb, Michael;
(2017)
Financing the Low-carbon Transition: Current Landscape and Future Direction.
GREEN-WIN project: Germany.
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Abstract
Existing flows of global climate finance (at least $391 billion per year) are sourced primarily from Development Finance Institutions (DFIs) and project developers themselves. A substantial ‘investment gap’ remains between the existing levels of climate finance, and those required to achieve the requisite level of decarbonisation to maintain a 2°C pathway (over $1 trillion per year). Institutional investors hold the greatest potential for filling the investment gap because they hold about $93 trillion worth of assets and seek long- term, stable returns, which are potentially available for climate finance investments. They currently contribute little to existing climate finance flows (~0.2%). Further research by the GREEN-WIN project seeks to determine how to effectively develop the drivers and alleviate the barriers faced by institutional investors for deploying the finance required to develop the low-carbon, climate-resilient economy.
| Type: | Working / discussion paper |
|---|---|
| Title: | Financing the Low-carbon Transition: Current Landscape and Future Direction |
| Publisher version: | https://www.green-win-project.eu/resource/financin... |
| Language: | English |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Bartlett School Env, Energy and Resources |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10171195 |
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