Green Economy Briefing Paper: Finance

The financing required for a green economy transition is substantial, but it can be mobilized by smart public policy and innovative financing mechanisms. Supportive public finance and policy, the growing green orientation of capital markets, and the evolution of emerging market instruments are opening up the space for large-scale financing that will bolster national initiatives to green economies. But these flows are still small compared to total volumes, and urgently need to be magnified for the transition to be successful in the near-term.