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Improved Governance Needed in G20's Report on Infrastructure Development

A few months back, I attended the US-China-Brazil Forum on Sustainable Infrastructure and Development, organized by the International Fund for China’s Environment. I was joined by a few other development experts, including representatives from the Institute for Governance and Sustainable Development, Pacific Environment, the Brookings Institution, and the Heinrich Böll Foundation of North America. Our “Infrastructure Investment Strategies and Project Selection Criteria” panel provided an opportunity to discuss the final report of the G20 High-Level Panel (HLP) on infrastructure.

The HLP report, “High Level Panel on Infrastructure Recommendations to G20-Final Report,” acts as a guide for infrastructure project selection in the developing world. While the report successfully draws attention to the important topic of infrastructure development in developing countries, it has been criticized by civil society groups for failing to include effective governance strategies and for focusing too much on large-scale projects.

What's Next for the Green Climate Fund?

This past week, the board of the Green Climate Fund (GCF) met for the first time. This was an important milestone around the goal of increasing financial support to help developing countries mitigate and adapt to climate change. Expectations are high for the Fund, officially established at the 2011 Durban climate talks. It’s positioned to become the main global channel for climate finance, expected to reach $100 billion per year by 2020.

Sentiments from Last Week’s Meetings

There was an atmosphere of excitement at last week’s meetings in Geneva, which brought together a group of 24-countries and their alternates, charged with improving the mobilization of climate finance. The meeting itself focused largely on procedural actions, including the election of the two co-chairs.

Glossary of Financing Instruments

This document provides a glossary of financing instruments and the mechanism of these instruments. These definitions may serve as a useful reference for public sector decision-makers evaluating the broad toolkit
of options available to support private sector climate change mitigation...

publication

Moving the Fulcrum

A Primer on Public Climate Financing Instruments Used to Leverage Private Capital

Targeting public finance to leverage private sector capital can help meet the several hundred billion dollars of annual low-carbon investment required in developing countries. This working paper serves as a primer, demonstrating how the public sector can employ different types of public...

2012 年绿色气候基金工作重点

绿色气候基金(Green Climate Fund)第一次大会即将召开,而亚太地区以及拉丁美洲和加勒比海地区国家尚未提名其董事会成员。在过去长达两年的谈判中,绿色气候基金被寄予了向发展中国家提供大规模应对气候变化资金的厚望。然而如果不完成提名,董事会就无法启动“全球最主要的气候变化基金”这一重要项目的运作。

Prioridades para el Fondo de Clima Verde 2012

La primera reunión del Fondo de Clima Verde (GCF) se acerca rápidamente y dos de los grupos regionales—Asia-Pacífico y América Latina y el Caribe—todavía no han nominado a sus representantes para la Junta. El GCF fue desarrollado durante los dos últimos años, y ahora se espera que ofrezca financiamiento a gran escala para ayudar a afrontar los efectos del cambio climático en países en vía de desarrollo. Sin terminar las nominaciones, la Junta no puede lanzar “el principal fondo global de finanzas para afrontar cambio climático.”

Priorités pour le Fonds Vert pour le Climat en 2012

Dans le cadre de la première réunion du Conseil du Fonds Vert pour le Climat (GCF) à venir, deux groupes régionaux – Asie/Pacifique et Amérique Latine/Caraïbes – devraient encore désigner leurs membres auprès du Conseil de Direction du GCF. Négocié au cours des deux dernières années, le GCF aura pour but de fournir aux pays en développement des financements substantiels en vue de lutter contre le changement climatique. La désignation de ces membres du Conseil de Direction est une condition essentielle au lancement opérationnel de ce Fonds « instrument central du financement sur les changements climatiques ».

New Green Growth Alliance Will Help Spur Private Investment in Developing Nations

This week’s Business 20, or “B20,” summit in Los Cabos, Mexico signals the launch of the Green Growth Action Alliance (G2A2), a partnership between the public and private sectors designed to dramatically scale-up private investment in “green” sectors like renewable energy, clean transportation, and sustainable agriculture.

The G2A2 includes representatives ranging from financial institutions like HSBC, to corporations like Walmart, to key public sector actors like the World Bank Group. WRI joins the effort alongside other environmentally focused organizations as an “analytical supporter,” providing research input and guidance to the G2A2’s upcoming activities.

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