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UNEP Finance Initiative Launches Report on Low Carbon Growth in Developing Countries

© UN26 October 2009: The United Nations Environment Programme Finance Initiative (UNEP FI) has released a report “Catalysing Low Carbon Growth in Developing Economies: public finance mechanisms to scale up private sector investment in climate solutions.”

The report was launched at the UNEP FI 2009 Global Roundtable, which convened in Cape Town, South Africa, from 22-23 October 2009, and urges an effective distribution of roles between the public and private sectors. This report was prepared based on case studies and made several recommendations related to, inter alia: country risk cover; low-carbon policy risk cover; and the public sector taking subordinated equity positions in low-carbon funds. [UN press release] [UNEP Finance Initiative press release]