This report finds that in order to stabilize the global temperature at an acceptable level, USD 34 billion of additional public funding is required to stimulate private capital for green investments. The authors find that this level of additional public support could mobilize USD 570 billion of private investment. The report suggests public finance—combined with the proper policy support—should strategically target private capital through measures such as guarantees, insurance products, and incentives. Several case studies are presented to highlight past efforts in this area on projects such as public transport, renewable power generation and energy efficiency.
World Economic Forum
1 January 2013