A discussion paper released today by the Climate Bonds Initiative reviews experiences with State infrastructure banks in Europe and the US. The paper says that there are a wide range of financial engineering options that a Green Infrastructure Bank could use to to leverage public funds to support an increased flow of private investment into clean energy and climate change mitigation projects.
Prepared by finance consultant Xavier Lecacheur, the report also says that private sector players are often supportive of State infrastructure banks and accept that public-backed schemes that leave a space for private sector initiative can be beneficial, as they plug a gap. > Download the paper.
