This Financing for Development: Progress and Prospects 2018 finds that most types of development financing flows increased in 2017, and that there has been progress across all the action areas of the Addis Ababa Action Agenda. This progress was underpinned by an upturn in the world economy, but at the same time the report warns that risks could derail development progress and structural impediments continue to undermine sustainable development prospects.
This report lays out an agenda to enable societies around the world to undertake the kind of systemic actions that the transformation towards a low-emission, resilient future will require. It highlights 6 transformative areas and 20 actions that are key to aligning financial flows with climate and development goals in the areas of planning, innovation, public budgeting, financial systems, development finance and cities.
Major opportunities for climate mitigation and adaptation lie in the shift to climate-smart infrastructure. This report looks at how digital finance technologies, or fintech, can engage citizens as consumers, pension holding investors, co-producers and voters to be a driving force for raising finance for low carbon, climate-resilient infrastructure development.
This report evaluates the “state of the practice” for sustainability standards and rating or accounting systems within one asset class—infrastructure investment. It reviews the standards and assessment tools available to investors and developers to measure and report on the sustainability and resilience of their infrastructure investments.
Infrastructure worldwide has suffered from chronic under-investment for decades and currently makes up more than 60 percent of greenhouse gas (GHG) emissions. A deep transformation of existing infrastructure systems is needed for both climate and development—one that includes systemic conceptual and behavioural changes in the ways in which we manage and govern our societies and economies.