Catalyzing Green Finance
A Concept for Leveraging Blended Finance for Green Development
Business & Finance, Economics, Sustainable Development, Finance & Investing, Finance
| Author: | Asian Development Bank | ISBN: | 9789292578565 |
| Publisher: | Asian Development Bank | Publication: | August 1, 2017 |
| Imprint: | Asian Development Bank | Language: | English |
| Author: | Asian Development Bank |
| ISBN: | 9789292578565 |
| Publisher: | Asian Development Bank |
| Publication: | August 1, 2017 |
| Imprint: | Asian Development Bank |
| Language: | English |
A large financing need challenges climate-adjusted infrastructure in developing Asia, estimated at $26 trillion till 2030. This necessitates crowding-in private sources to meet financing, efficiency, and technology gaps. However, a lack of bankable projects is a major hurdle. This publication suggests one possible innovative financing approach. The Green Finance Catalyzing Facility (GFCF) proposes a blended finance framework for governments and development entities to better leverage development funds for risk mitigation, generate a pipeline of bankable green infrastructure projects, and directly catalyze private finance. The GFCF provides useful inputs for the current debate on mainstreaming green finance into country financial systems.
A large financing need challenges climate-adjusted infrastructure in developing Asia, estimated at $26 trillion till 2030. This necessitates crowding-in private sources to meet financing, efficiency, and technology gaps. However, a lack of bankable projects is a major hurdle. This publication suggests one possible innovative financing approach. The Green Finance Catalyzing Facility (GFCF) proposes a blended finance framework for governments and development entities to better leverage development funds for risk mitigation, generate a pipeline of bankable green infrastructure projects, and directly catalyze private finance. The GFCF provides useful inputs for the current debate on mainstreaming green finance into country financial systems.
