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.
| ISBN: | 9789292578558 |
| Publication date: | 30th August 2017 |
| Author: | Asian Development Bank |
| Publisher: | Asian Development Bank |
| Format: | Paperback |
| Pagination: | 200 pages |
| Genres: |
Development studies Business and the environment; ‘green’ approaches to business |