IFC, 2016: Click here to read the report.
This report has been developed to help advance the discussions around the implementation of the Paris Agreement, with an eye on the private sector investment opportunity.
This report shows that the historic Paris Agreement on climate change that has recently come into force will help to open up nearly $23 trillion in opportunities for climate-smart investments in certain emerging markets between now and 2030. Based on the national climate-change commitments and underlying policies of 21 emerging-market economies, representing 48 percent of global emissions, it identifies sectors in each region with the greatest potential for investment—from climate-resilient infrastructure in South Asia to clean energy in Africa.
As a result of massive cost reductions, solar photovoltaic (PV) and wind power are now mainstream. Global investment in clean energy last year was nearly $350 billion—more than twice the amount invested in coal- and gas-fired power generation. At the same time, farmers are investing in more productive, climate-resilient agricultural practices and the green buildings market has doubled every three years for the past decade.
https://goo.gl/oxfH12
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