Mobilizing climate investment: the role of international climate finance in creating scaled-up, low-carbon energy
This report draws on the experiences of six countries (India, Indonesia, Mexico, South Africa, Thailand and Tunisia) to examine how public climate finance can help meet the significant investment needs of developing countries by creating attractive conditions for scaled-up investment in low carbon energy. Building on lessons from the case studies, it provides a set of key lessons and insights for readiness. The report develops a framework to identify and prioritise readiness activities that will require public financial support to create the conditions necessary to scale-up investments in renewable energy and energy efficiency, i.e. low carbon energy. The findings are intended to inform the Green Climate Fund (GCF) as it attempts to identify how best to support a paradigm shift toward low emission and climate resilient development pathways.