What does a ‘green transformation’ for post-2015 entail?

By Nannette Lindenberg, writing on The Broker Online:

“The High-level Panel (HLP) report proposes a green transformation. However, the knowledge needed to achieve this is not yet available. We must therefore implement a universal agenda to create knowledge about mobilizing green finance – not only now, but also for 2015 and beyond.

What does a ‘green transformation’ entail? First, huge investments in green infrastructure are necessary. Estimations of actual financing needs vary, but in most cases, amount to an annual USD 1 to 2 trillion for the upcoming years. As industrialized countries are confronted with depressing budget constraints, it seems clear that public budgets alone will not meet the challenge.”

Click here to read the full post.

Be the first to comment on "What does a ‘green transformation’ for post-2015 entail?"

Leave a comment

Your email address will not be published.


*