31 Jan '17, 2pm

The Year of Climate Finance: 2017 Outlook

The Year of Climate Finance: 2017 Outlook

In the year following the signing of the Paris Agreement in 2015, there was an increased interest in building a broad spectrum of financial solutions that can both deliver on commitments to reduce global greenhouse gas emissions and deliver in the unique markets of disparate countries. If those solutions are going to fulfill the needs of the commitments made under the Paris Agreement, then they have a lot of work to do. Data behind the climate change economy are staggering. A November 2016 paper, Green & Resilience Banks, said $13 trillion in investments is required just to meet the pledges made by countries supporting the Paris Agreement. The paper added that, for a complete “low-carbon, climate-resilient economic transformation,” the world must invest $6 trillion per year by 2030. Green & Resilience Banks was developed by Coalition for Green Capital (CGC), Natural Resour...

Full article: http://www.renewableenergyworld.com/articles/print/volume...

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