OECD Report: Scaling up private investment in low-carbon, climate-resilient infrastructure
This webinar, held on July 20 2016, features an overview of the highly anticipated report, “Green Investment Banks: Scaling up Private Investment in Low-carbon, Climate-resilient Infrastructure”. Produced by the Organisation for Economic Co-operation and Development (OECD), the report provides the first comprehensive study of publicly capitalised Green Investment Banks (GIBs) and analyses the rational, mandate and financing activities of this relatively new category of public financial institution. Based on the experience of over a dozen GIBs and GIB-like entities, the report provides non-prescriptive stock-taking of the diverse ways in which these public institutions are catalysing private investment in LCR infrastructure and other green sectors, with a spotlight on energy efficiency projects. The report also provides a summary for policy makers to guide the establishment, capitalization and operationalization of green investment banks.
Robert Youngman, Team Leader of the OECD’s Climate, Finance and Investment Unit, presented takeaways from the report and Douglass Sims, Director of Strategy and Finance at the Natural Resources Defense Council Center for Market Innovation, provided an introduction to the Green Bank Network.