Investment Financing for Infrastructure Leading to Climate Change Mitigation and Adaptation
Phase 1 is the production of a GPOBA Working Paper that will fill a gap in the discussion on measures relating to CC, which has made few linkages with the use of output-based aid (OBA). The proposed work will highlight how OBA has increased infrastructure investment towards CC mitigation and its potential to support adaptation. The paper will suggest that OBA could play a higher profile role on CC going forward.
Operationalization in ways that deliver significant private sector financing will be a key aspect of phase 2, and it is expected that meetings will be held with a variety of private sector financiers as well as policy makers. These meetings will help to clarify the practical issues involving RBF for climate change on how best these can be addressed. Outputs of this phase will support drafting of policy and operating guidelines.