Financing greener and climate-resilient infrastructure in developing countries - challenges and opportunities

Marianne Fay (), Atsushi Iimi and Baptiste Perrissin-Fabert ()
Additional contact information
Baptiste Perrissin-Fabert: The World Bank

No 7/2010, EIB Papers from European Investment Bank, Economics Department

Abstract: Developing countries are faced with a substantial and persistent infrastructure deficit. Climate change complicates this challenge, affcting the way we design and manage infrastructure (defined here as transport, power, water and sanitation) and increasing costs. But all s not negative: Climate change affects both the economic and financial analysis of infrastructure projects in a way that could help achieve long-pursued but elusive goals, such as better maintenance and greener, more efficient design. Further, climate finance could bring additional financing, although that will require increasing the scale of available resources and addressing the fact that climate finance tends to provide ex post financing, ill-suited to a sector characterized by a need for substantial ex ante funding.

Keywords: Infrastructure finance; Developing countries; Climate change; Adaptation; Mitigation; Inertia; Uncertainty (search for similar items in EconPapers)
JEL-codes: D81 H54 H81 Q54 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2010-12-17
New Economics Papers: this item is included in nep-ene, nep-env and nep-ppm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.eib.org/attachments/efs/eibpapers/eibpa ... 5_n02_en.pdf#page=36 Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:eibpap:2010_007

Access Statistics for this paper

More papers in EIB Papers from European Investment Bank, Economics Department Contact information at EDIRC.
Bibliographic data for series maintained by Polyxeni Kanelliadou ().