RSS Feed

My Products

Subscribe to our mailing list

* indicates required

Latest News


News / Climate change is shrinking the Colorado River

Image: Horseshoe Bend of Colorado River, Arizona, USA. Photo by Bettina Damgaard/Pixabay (public d...  Read More
27JUL

News / Climate change impacts and adaptation on Southwestern DoD facilities

Image: U.S. Air Force Airman 1st Class Koleton Mitchell, 25th Operational Weather Squadron weather...  Read More
27JUL

News / Webinar recording: Why people don't care what you have to say about climate resilience

Image: Watch the webinar recording and learn about communicating urban climate change resilience e...  Read More
26JUL
More News

Welcome /

Resources

13OCT
2016
Report: "New Climate Economy 2016: The Sustainable Infrastructure Imperative: Financing for Better Growth and Development"
Category: Financial Services, Government & Policy, International Development, Latest News

We are at a US$ 90 trillion infrastructure crossroads, according to a new report from the Global Commission on the Economy and Climate. Over the next 15 years, the world will need to spend the staggering sum, more than doubling its current infrastructure stock. The scale of the challenge is huge, but offers a massive opportunity to build climate resilience into the fabric of global infrastructure systems.

The Global Commission identifies four action areas to finance sustainable infrastructure at the scale required:

1.   Tackle fundamental price distortions through fossil fuel subsidy reform and carbon pricing. Fossil fuel subsidies amounted to around US$550 billion in 2014, skewing investment away from sustainable options.

2.   Strengthen policy frameworks and institutional capacities. Better planning and governance can ensure the right projects are selected in the first place, and the right financing is used at the right time.

3.   Transform the financial system through new tools like green bonds and green investment banking, and by greening the existing financial system, including through corporate climate risk disclosure.

4.   Ramp up investments in innovation and deployment of clean technologies to reduce the upfront costs of sustainable infrastructure.

Download Back