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Scaling Up the Mobilisation of Private Finance for Climate Action in Developing Countries

Challenges and Opportunities for International Providers

image of Scaling Up the Mobilisation of Private Finance for Climate Action in Developing Countries

This report explores evidence-based action areas to increase and accelerate the mobilisation of private finance for climate action in developing countries, and the role of international public finance providers in doing so. It draws on best-available data to provide disaggregated analysis of the sectoral, geographic and other features of private finance mobilised by public climate finance and presents key economy-wide, sector-specific, and institutional challenges to private finance mobilisation. The analysis is anchored in the context of the USD 100 billion climate finance goal, initially set for 2020 and extended to 2025, while also providing insights related to mobilising private finance for climate action in developing countries more broadly.

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Trends of private climate finance mobilised for developing countries

This chapter examines trends in private climate finance mobilised by bilateral and multilateral public climate finance interventions between 2016 and 2021. It presents disaggregated analysis of private climate finance mobilisation across a range of dimensions. It analyses the use of different leveraging mechanisms in mobilising private finance, the distribution of private climate finance across developing country geographies and income groups, and the role of different development actors.

English

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