Earn the Moderator badge after your action is verified by the site editor Moderator Wordsmith Have an opinion? Express it and get the Wordsmith badge for posting relevant comments on articles and photos. Wordsmith Make Timesofindia.com your news hotspot. Visit the site regularly earn this badge.
Wielding Finance, Innovation And Policy To Make An Impact In Climate Change
Widge: There are 2 main challenges. First, developing and emerging economies need to develop investment-grade policy frameworks that generate a strong pipeline of bankable green growth projects. This can be done through enacting national targets supported by regulatory frameworks and predictable incentives. Second, governments need to focus public finances in such a way as to maximize private investment in the projects that are developed. Public finance must unlock and leverage significant amounts of private capital; this can be done through funds that aggregate smaller investments in energy access, agriculture and energy efficiency; through insurance products that reduce policy and technology risk; and through structured funds that combine public and private investment in such a way as to attract large institutional investors.