Major shifts in the way investment decisions are made will be needed to align financing flows with a low-carbon, climate resilient future. Although standards and compliance are important, timely success will require accelerated investment in new generations of technology-intensive infrastructure and associated economic, business and financing models. In this report, the focus is on whether this acceleration can be achieved by more effectively accounting for critical uncertainties that are often misunderstood or ignored.
Shifting the Lens - Interim Briefing is one part of the broader Financing Climate Futures initiative focusing on the identification of critical uncertainties posing constraints to aligning financial flows with climate objectives and in particular infrastructure investment. Adopting a foresight and scenarios approach, this part of the overall initiative seeks to offer insights into ways to overcome barriers and secure the realignment needed.
This interim briefing has been developed by UN Environment, with thanks for contributions to the OECD, the World Bank Group, and Germany's Federal Ministry of the Environment, Nature Conservation and Nuclear Safety (BMU).