The role of private investment in increasing climate friendly technologies in developing countries Student: Leah Stokes

1
The role of private investment in increasing
climate friendly technologies in developing
countries Student Leah Stokes

• Barriers inhibiting private investment flows
  towards climate change mitigation in developing
  countries include
• 1) Nascent technologies not yet profitable
• 2) Lack of certainty for post-2012 agreement
  
• 3) Sharp commodity fluctuations and fuel
  switching
• 4) The present financial crisis.
• Increases in private investment are needed
  quickly. The UNFCCC has estimated 200-210 bn of
  additional annual investment needed in the year
  2030.

2
The role of private investment in increasing
climate friendly technologies in developing
countries Student Leah Stokes

• Investment is currently occurring through the
  Clean Development Mechanism (CDM), renewable
  energy subsidies and energy efficiency programs.
• Future resourcing may come through reducing
  emissions from deforestation and forest
  degradation (REDD) in developing countries.
• Current efforts are limited and concentrated in
  only a few countries.