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Financing Climate Futures: Rethinking Infrastructure


The OECD, UN Environment and the World Bank Group have joined forces under an initiative entitled Financing Climate Futures: Rethinking Infrastructure. Supported by the German Federal Ministry of the Environment, Nature Conservation and Nuclear Safety (BMU), it explores what public and private actors should do to support the radical transformation needed to align financial flows in infrastructure for low-emission, resilient development.

Publication

Events

28 November | Sherpa's meeting, Buenos Aires, Launch of final report

29 November | Green Talks LIVE webinar

OECD events at COP24 - Katowice, Poland

10 December  | 09:00-10:00 - Financing Climate Futures event (Polish Pavilion)

12 December:

  • 15:00-16:45 - OECD-NCE Event on the Climate-Growth Nexus (Benelux-EIB Pavilion)
  • 16:45-18:15 - OECD-UNEP FI Side Event (Wisla room)

Video

Key messages

English / Español (PDF)

Case studies

In addition to the report, the Financing Climate Futures initiatve consists of the following components:

Perspectives from experts

Private sector into the low-emission transition

Watch the experts' perspectives on:

  • How do we bring the private sector into the low-emission transition? by Angel Gurría
  • How do we ensure fiscal sustainability? by Anthony Cox
  • How can we build low-emission and resilient urban societies? by Virginie Marchal
  • How do we plan infrastructure for a low-emission and resilient future? by Norbert Gorißen
  • How do we rethink development finance for climate? by Naeeda Crishna Morgado 

Fiscal sustainability

Resilient societies

Infrastructure planning

Development and finance

COP24 Highlights on Aligning Finance with the Goals of the Paris Agreement


Dissemination & outreach

10 December | 09:00-10:00 - Financing Climate Futures event (Polish Pavilion)
12 December | 15:00-16:45 - OECD-NCE Event on the Climate-Growth Nexus (Benelux-EIB Pavilion)
12 December | 16:45-18:15 - Official OECD-UNEP FI Side Event at COP24 (Wisla room)

Sherpa’s meeting, Buenos Aires | 28 November
Handover of the final report by the three organisations (UN, WB and OECD) to the G20 troika (Germany, Japan, Argentina) during the meeting of the Sherpas.

UN Headquarters, New York | 25 September 2018
The OECD, UN Environment and the World Bank Group hosted a high-level discussion on Financing Climate Futures. Scaling-up and shifting financial flows to low-emission and resilient infrastructure investments is critical to delivering on the objectives of the Paris Agreement and the 2030 Agenda for Sustainable Development. Despite some progress, radical transformations are needed to drive systemic changes in finance, infrastructure and innovation.

Financing Climate Futures: What role for cities and regions?, San Francisco | 12 September

Seminar on Aligning Financial FlowsOECD Paris | 28-29 June

Photobook

Other OECD reports on climate change

Investing in Climate, Investing in Growth

Cover Investing in Climate Investing in Growth

Climate Change Mitigation

Publication Climate Change Mitigation

Aligning Policies for a Low-Carbon Economy

Aligning policies

Objective and approach of the initiative

The initiative stems from the 2017 G20 Hamburg Climate and Energy Action Plan, which called on the three organisations to “compile ongoing public and private activities within the G20 for making financial flows consistent with the Paris goals and, building on this, to analyse potential opportunities for strengthening these efforts”. Read more on the deliverables, launches and milestones (PDF).

Contact

For more information on the project,