Mobilizing Private Climate Financing in Emerging Market and Developing Economies

Global investment to achieve the Paris Agreement’s temperature and adaptation goals requires immediate actions—first and foremost—on climate policies. Policies should be accompanied by commensurate financing flows to close the large financing gap globally, and in emerging market and developing econo...

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Bibliographic Details
Main Author: Prasad, Ananthakrishnan
Other Authors: Loukoianova, Elena, Oman, William, Xiaochen Feng, Alan
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2022
Series:Staff Climate Notes
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Global investment to achieve the Paris Agreement’s temperature and adaptation goals requires immediate actions—first and foremost—on climate policies. Policies should be accompanied by commensurate financing flows to close the large financing gap globally, and in emerging market and developing economies (EMDEs) in particular. This note discusses potential ways to mobilize domestic and foreign private sector capital in climate finance, as a complement to climate-related policies, by mitigating relevant risks and constraints through public-private partnerships involving multilateral, regional, and national development banks. It also overviews the role the IMF can play in the process
Physical Description:41 pages
ISBN:9798400216428