Public financial institutions and the low-carbon transition. Five case studies on low-carbon infrastructure and project investment
Organisation for Economic Co-operation and Development, Paris
OECD Publishing - Paris
2014
93 p.
climate change ; energy policy ; energy source ; environmental policy ; public sector ; renewable resources
OECD Environment Working Papers
72
Energy
http://dx.doi.org/10.1787/5jxt3rhpgn9t-en
English
Bibliogr.
"Public financial institutions (PFIs) are well-positioned to act as a key leverage point for governments' efforts to mobilise private investment in low-carbon projects and infrastructure. The study identifies the tools, instruments and approaches used by five PFIs to directly support and scale-up domestic private sector investment in sustainable transport, energy-efficiency and renewable energy in OECD countries. Between 2010-2012, these five institutions – Group Caisse des Dépôts in France, KfW Bankengruppe in Germany, the UK Green Investment Bank, the European Investment Bank, and the European Bank for Reconstruction and Development – have provided over 100 billion euros of equity investment and financing for energy efficiency, renewable energy and sustainable transport projects. They use both traditional and innovative approaches to link low-carbon projects with finance through enhancing access to capital; facilitating risk reduction and sharing; improving the capacity of market actors; and shaping broader market practices and conditions."
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