The role of Public-Private Partnerships (PPPs) in scaling up financial flows in the post-Kyoto regime

19 Role public private
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For the first time, IPCC in its Fifth Assessment Report IPCC includes a specific chapter on Cross cross-cutting investment and finance issues and states, with medium evidence and high agreement, that: Resources to address climate change need to be scaled up considerably over the next few decades both in developed and developing countries. The climate change agenda requires adequate financial flows in the near future in order to support mitigation and adaptation efforts and the low-carbon development of emerging and new economies.The potential of Public-Private Partnerships (PPPs) –as a risk-sharing structure bringing private funds on the table– is presented in the new climate change context. This article discusses and provides recommendations on PPPs as a good financing model to mainstream climate change into the development agenda of emerging and less-developed economies.

 

 

G. Galluccio
DOI:  10.12910/EAI2015-015