Blending Climate Funds to Finance Low-Carbon, Climate-Resilient Infrastructure. Brookings Institution. Joshua P. Meltzer. June 20, 2018
The world’s core infrastructure—including our transport and energy systems, buildings, industry, and land-related activities—produce more than 60 percent of all greenhouse gas (GHG) emissions globally.
By 2030 the world will need to build approximately $85 trillion in low-carbon climate-resilient (LCR) infrastructure in order to meet the Paris climate change agreement’s goal of keeping the global average temperature increase well below 2 degrees Celsius by 2050. Meeting this infrastructure investment need will require doubling today’s global capital stock. This paper defines LCR infrastructure as including renewable energy, more compact cities, and suitable mass transit as well as energy efficiency measures. [Note: contains copyrighted material].
[PDF format, 53 pages].
