Public finance mechanisms to mobilize investment in climate change mitigation
The purpose of this report is to provide an overview of public finance mechanisms (PFMs) that mobilize and leverage commercial financing, build commercially sustainable markets, and increase capacity to deliver clean energy and other climate-mitigation technologies, projects and businesses. These mechanisms can play a prominent role in the implementation of an international mitigation strategy.
The report is based on a substantial body of experience in a wide variety of developed and developing countries. It suggests ways in which PFMs could be used at the national and international scale, offers scale up and replication strategies, and identifies how they might fit into a new financial framework under the UN Framework Convention on Climate Change (UNFCCC).