Issues Brief 16 - Finance for the Transition to a Green Economy in the Context of Sustainable Development and Poverty Eradication
A green economy in the context of sustainable development and poverty eradication (hereafter green economy) requires major structural and technological changes in key sectors such as infrastructure, industry, agriculture and transportation. Near-term investments in all these sectors must be financed for long-term sustainable development. This Issues Brief provides a picture of current and required financial flows for the transition with a focus on identifying major gaps in finance. The Brief outlines proposals for finance including those from the Rio + 20 Compilation text and where possible attempts to convey their feasibility and potential. It suggests that the transition will require the identification of new sources, the streamlining of existing channels and the effective design and utilisation of instruments to leverage private investment.