Global Investment and Policy Implications in Low-Carbon, Climate-Resilient Infrastructure

Jinyoung Moon (), Seungkwon Na (), Sunghee Lee () and Eunmi Kim ()
Additional contact information
Jinyoung Moon: Korea Institute for International Economic Policy, Postal: Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si,Korea, http://www.kiep.go.kr/index.do
Seungkwon Na: Korea Institute for International Economic Policy, Postal: Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si,Korea, http://www.kiep.go.kr/index.do
Sunghee Lee: Korea Institute for International Economic Policy, Postal: Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si,Korea, http://www.kiep.go.kr/index.do
Eunmi Kim: Korea Institute for International Economic Policy, Postal: Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si,Korea, http://www.kiep.go.kr/index.do

No 19-12, World Economy Brief from Korea Institute for International Economic Policy

Abstract: The adoption of the Sustainable Development Goals and Paris Agreement in 2015 accelerated the transition to a low-carbon climate-resilient economy which requires significant investment for both new and existing infrastructure. About $9 billion will be required in investment for climate-related infrastructure by 2030, with most of the investment needs originating from developing countries. This study is designed to review previous literature on low-carbon climate-resilient infrastructure and analyze key features in climate infrastructure finance by multilateral and bilateral development institutions and PPPs. Ultimately, this study aims to provide policy implications for supporting Korean companies participating in overseas climate-related infrastructure projects. Based on the results of the previous analysis, the following implications can be derived for government and private initiatives to promote participation in overseas climate infrastructure projects. First, it is necessary to establish a comprehensive support system for the whole project including the planning, construction, operation and financing of overseas climate infrastructure projects. Second, the government should improve relevant policy measures to effectively support private sector expansion overseas in climate infrastructure. Third, selection and concentration strategies based on promising areas are necessary for efficient utilization of limited investment resources. Fourth, to encourage companies to participate in investment and promote the development of government policies and regulations, it is necessary to first disclose relevant information based on a common understanding of climate change and to mainstream climate change in corporate and government decision making.

Keywords: Investment; Climate; SDGs (search for similar items in EconPapers)
JEL-codes: A10 (search for similar items in EconPapers)
Pages: 6 pages
Date: 2019-07-04
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.kiep.go.kr/gallery.es?mid=a10105040000 ... ist_no=5069&cg_code= 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:kiepwe:2019_012

Access Statistics for this paper

More papers in World Economy Brief from Korea Institute for International Economic Policy [30147] 3rd Floor Building C Sejong National Research Complex 370 Sicheong-daero Sejong-si, Korea. Contact information at EDIRC.
Bibliographic data for series maintained by Geun Hye Son ().