Region: Global
Country: Global / Non-Specific
Sector: Energy and Power
Topic: Climate-Smart
Keywords: Climate Smart, Carbon
Document Link(s):
Document Summary:
After 2010, favorable government policies led to a surge of low-carbon projects. The percentage of low-carbon projects receiving government support grew from 3% before 2010 to 51% afterwards. The distribution of new project investments shifted in favor of low-carbon—prior to 2010, distribution was even, but after 2010, the number of new low-carbon PPI projects (1,915) was more than double that of conventional ones (815).
Document Details:
The World Bank 2018 - This report documents and analyzes trends in low-carbon infrastructure investments in low- and middle-income countries, particularly with respect to private-sector investments in infrastructure projects as recorded by the Private Participation in Infrastructure (PPI) database. The report focuses particularly on “low-carbon” PPI in the energy and land-transport sectors, including railway investments that have the potential to take carbon-emitting trucks and other cargo carriers off the road; urban-transport projects (mass rapid transport) that have the potential to promote reduced usage of cars; and renewable energy projects in the solar, wind and hydropower sectors. Conventional energy projects include energy projects that rely on non-renewable energy sources, and projects in infrastructure sectors that generally increase carbon emissions, such as roads that allow increased vehicular traffic. The data set is analyzed for the last 15 years, covering the period from 2002 to H1 2017 (first half of 2017).
Updated: October 25, 2021