Accessing Climate Finance in Asset Recycling
Find an overview of the usual process for mobilizing climate finance in this section.
Financing Instruments in Climate Finance for Asset Recycling
Find types of financial instruments that can be utilized for climate finance, the definition of each financial instrument, and related examples of climate finance providers from public and private sources.
Sources of Climate Finance in Asset Recycling
Different climate finance sources have diverse focuses and criteria that bear on the kinds of project activities they will finance. Find them in this section.
Overview of Climate Finance in Asset Recycling
In this section, you will find the definition of climate finance, its landscape as well as its advantages and challenges.
ECOWAS Renewable Energy Policy
This policy on renewable energy aims at ensuring increased use of renewable energy sources such as solar, wind, small-scale hydro and bioenergy for grid electricity supply and for the provision of access to energy services in rural areas. The ECOWAS region has set a clear target to increase the share of renewable energy in the region’s overall electricity mix to 10% in 2020 and 19% in 2030. Including large hydro, the share would reach 35% in 2020 and 48% in 2030. Around 25% of the rural ECOWAS population will be served by mini-grids and stand-alone systems by 2030.
Climate-resilient PPP: where are we?
There are several instruments and tools already used to address climate change risk in Indonesian PPP projects. In toll road projects, the PPP procurement team has been requiring bidders to consider ways to anticipate floods and to adopt the 'zero delta Q' principle (so that no water discharge increased because of new projects). In a broad sense, the Government is developing policies to achieve its commitment under the Paris Agreement to reduce its greenhouse gas emissions. We have spatial planning policies to assess investments that correspond to a specific area. We also have green building technical standards where mitigation of climate change and disaster risks is included among the principles of green building. However, there is not yet a specific integrated instrument/tool for developing climate-resilient infrastructure projects. This issue is likely to become even more critical, given the current administration's focus on the new capital city; we would hope that climate-resilience plays a significant part in the design and construction of the city's infrastructure.
How can developing countries get to net zero in a financeable and affordable way?
Can developing countries reach net-zero emissions in a financeable and affordable way? World Bank’s InfraFinance practice manager Sebnem Madan explains how innovative financing can pave the road.
Cleaning up Thilafushi: Making the Maldives Carbon Neutral
Waste PPPs are gaining traction in developing countries, and the recent implementation of a waste PPP in the Maldives illustrates how far a country can come in its relationship with rubbish. Since the 2008 election, the country has been in the midst of a rapid social, political, and economic transformation. Officials and administrators aim to combat the developmental challenges of climate change, poverty reduction, private sector development, and economic restructuring, so urban infrastructure tops the priority list.
Climate Toolkits for Infrastructure PPPs
This toolkit aims to address this precise challenge by embedding a climate lens and approach into upstream PPP advisory work and structuring.
Nature-based Solutions: Scaling Private Sector Uptake for Climate Resilient Infrastructure in Latin America and the Caribbean
Nature-based Solutions (NbS) can be used as a cost effective way to build infrastructure resilience in response to a changing climate, while also delivering a range of other societal benefits. Yet, many business aren’t aware of these benefits, and implementation of NbS by the private sector (including businesses that plan, design, construct and fund infrastructure) has been limited in Latin American and the Caribbean (LAC).