Mapping issues and options on climate finance in 2015

ww w. id dr i.o rg CLIMATE FINANCE – SHIFTING THE BLOOD SUPPLY OF THE GLOBAL ECONOMY Shifting the global economy onto a 2 degrees trajectory will require a massive shift in investment. The scale of this shift far outweighs the incremental investment that needs to be mobilized. Indeed, the real challenge is not so much quantitative—funding the extra investment—as qualitative, i.e. overcoming barriers to investment in new infrastructure, new sectors, and new business models. This requires comprehensive policy incentives such as carbon pricing, standards and regulation, and dedicated funding instruments such as policy banks or funds at the national or international levels.