Catalyzing Green Finance
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 276 |
Release | : 2017-08-01 |
ISBN-10 | : 9789292578565 |
ISBN-13 | : 9292578561 |
Rating | : 4/5 (65 Downloads) |
Download or read book Catalyzing Green Finance written by Asian Development Bank and published by Asian Development Bank. This book was released on 2017-08-01 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.