Catalysing low-carbon growth in developing economies
The report, Catalysing Low Carbon Growth in Developing Economies: public finance mechanisms to scale up private sector investment in climate solutions, was prepared by Vivid Economics based on case studies. The report makes several broad recommendations to overcome current hurdles. Ways of triggering multi-billion dollar, low carbon technology investments in developing economies are outlined in this report. Experts indicate that investments of around US$500 billion a year will be needed to assist developing countries adapt to climate change while powering low carbon growth. Much of the money will come from the private sector but will only flow if creative public policies that reflect the differing circumstances of developing economies are swiftly adopted.