Global Climate Finance Landscape 2013
12:00 - 13:00
Fondazione Eni Enrico Mattei
Isola di San Giorgio Maggiore
at FEEM Milan
h. 12.00 Seminar
Seminars Office, email@example.com
Federico Mazza, Valerio Micale, Climate Policy Initiative
Understanding where the world stands in relation to its low-carbon and climate-resilient investment goals is a more urgent task than ever. CPI’s Global Landscape of Climate Finance 2013 identifies global climate finance flows of USD 359 billion in 2012. Key findings include:
- The central role of the public sector in facilitating private investment. While private investors provided the lion’s share with 62% of total climate finance, public sources’ 38% played a critical role in enabling this private investment through incentives, low-cost loans, risk coverage mechanisms, direct project investment, and technical support.
- 76% of all spending was domestic, originating in the country in which it was used. Of the remaining USD 84 billion that flowed between countries, a significant amount was private money flowing between developed countries while public sector money made up the vast majority of developed to developing country flows. These figures illuminate private investors preference for more familiar investment destinations that are perceived to be less risky, highlighting the importance of well-articulated and stable enabling environments.
Landscape 2013 also breaks down flows by geographical region, and by activity. We continue to improve the methodology and scope of our study and are pleased this year to be able to provide a more detailed representation of flows, a better understanding of private finance flows and what’s behind them, and extended coverage of Development Finance Institutions.
Click here (http://climatepolicyinitiative.org/publication/global-landscape-of-climate-finance-2013/) to read the executive summary and download a copy of Landscape 2013.
This seminar has been jointly organized by CPI and FEEM.