OECD Environment Working Papers

ISSN: 
1997-0900 (online)
http://dx.doi.org/10.1787/19970900
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This series is designed to make available to a wider readership selected studies on environmental issues prepared for use within the OECD. Authorship is usually collective, but principal authors are named. The papers are generally available only in their original language English or French with a summary in the other if available.
 

Estimating Publicly-Mobilised Private Finance for Climate Action

A South African Case Study You or your institution have access to this content

English
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Author(s):
Lauren McNicoll1, Raphaël Jachnik1, Gaylor Montmasson-Clair2, Shakespear Mudombi2
Author Affiliations
  • 1: OECD, France

  • 2: Trade & Industrial Policy Strategies (TIPS), South Africa

01 Sep 2017
Bibliographic information
No.:
125
Pages:
90
http://dx.doi.org/10.1787/a606277c-en

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This study estimates and analyses publicly-mobilised private finance for climate action in South Africa, between 2010 and 2015. The mobilisation effect of public climate finance on private finance is first estimated through an analysis and attribution of project-level co-finance data. A pilot-methodology (the investor perspective) then expands the analysis to also incorporate the mobilisation effect of financial support provided by South African policies in two sectors: renewable energy and energy efficiency. Results suggest that, in the South African context, domestic public actors play the major mobilisation role by providing support through targeted policies, and to a lesser extent by committing project-level co-finance.
Keywords:
measurement, climate finance, investment, public intervention, reporting, private finance, climate change, databases, estimation
JEL Classification:
  • C81: Mathematical and Quantitative Methods / Data Collection and Data Estimation Methodology ; Computer Programs / Methodology for Collecting, Estimating, and Organizing Microeconomic Data ; Data Access
  • F30: International Economics / International Finance / General
  • G3: Financial Economics / Corporate Finance and Governance
  • H23: Public Economics / Taxation, Subsidies, and Revenue / Externalities ; Redistributive Effects ; Environmental Taxes and Subsidies
  • O16: Economic Development, Innovation, Technological Change, and Growth / Economic Development / Financial Markets ; Saving and Capital Investment ; Corporate Finance and Governance
  • O19: Economic Development, Innovation, Technological Change, and Growth / Economic Development / International Linkages to Development ; Role of International Organizations
  • Q42: Agricultural and Natural Resource Economics ; Environmental and Ecological Economics / Energy / Alternative Energy Sources
  • Q54: Agricultural and Natural Resource Economics ; Environmental and Ecological Economics / Environmental Economics / Climate ; Natural Disasters and Their Management ; Global Warming
 
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