PPPs and GIBs can be used to effectively finance low-carbon infrastructure to fight climate change

Published: May 29, 2019, midnight

b'Large-scale funding is needed to transform fossil fuel dominated energy markets into a low-carbon energy sector, and that requires private sector participation, both in terms of investment and institution building, especially in Asia, which is the current growth center of the world.\\n\\nCountries have to accelerate further investment into low-carbon energy infrastructure to meet their Paris Climate Change Accord commitments. And thus, there are new opportunities for green growth. Public\\u2013private partnerships and green investment banks are two effective ways to bring private-sector funding on board to promote those goals.\\n\\nRead the transcript\\nhttps://bit.ly/2HlYbdE\\n\\nRead the working paper\\nhttps://bit.ly/2JoS5LV\\n\\nAbout the authors\\nDharish David is an associate faculty member at the Singapore University of Social Sciences.\\nAnbumozhi Venkatachalam is a senior energy economist at the Economic Research Institute for ASEAN and East Asia.\\n\\nKnow more about ADBI\\u2019s work\\nhttps://bit.ly/2LHd91X\\nhttps://bit.ly/2VnJ1II'