This analytical report discusses the most recent studies on the economics and cost of climate change, and the investment required for mitigation and adaptation. It highlights the crucial role played by the finance sector due to its influence in directing investment and financial flows. It also reviews what leading financial institutions are already doing to address the climate problem and what should be done to extend and deepen those actions across the entire sector. Finally, the document emphasizes the crucial role of the policy making community in setting up the regulatory frameworks that will provide the necessary long-term investment horizons and pave the way for further large-scale investment towards a low carbon economy.

Download file: ENG

Organization: UNEP

Topics: Finance, Energy, Adaptation, Mitigation, Green Jobs/Economy, Economic Analysis, Policy Instruments

Type of material: Analytical-Technical Document

Publication date: 2007

Language: English