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Financing Global Climate Change Mitigation

image of Financing Global Climate Change Mitigation
This publication addresses the massive investments that will be required in addition to the mobilization of substantial new financial resources that will be needed in order to continue the fight on global climate change. The first part (chapters 1 through 4) provides a review of the existing mechanisms that channel funds to energy efficiency and renewable energy (EERE) projects and understand the success factors in designing EERE financing mechanisms. Part two (chapters 5 through 9) provides a review of the technical, economic, and regulatory conditions in each region and a summary of main activities undertaken by national governments and international institutions, with a particular regard to the work of the UN regional Commissions.

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Executive summary

Carbon abatement scenarios assign to energy efficiency (EE) and renewable energy (RE) a predominant role in climate change mitigation. This will require massive investments and the mobilisation of substantial new financial resources. Against this backdrop, it is useful to review existing mechanisms that channel funds to EERE projects and understand the success factors in designing EERE financing mechanisms. This is the purpose of the first part (chapters 1-4) of Financing Global Climate Change Mitigation – Sources of Financing Energy Efficiency and Renewable Energy Investments.

English French, Spanish

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