Recent innovations A variety of innovative ways to provide climate financing have emerged in recent years — green bonds, fiscal instruments, climate-cautious investment and green procurement policies, private sector initiatives, and municipal initiatives.
Climate finance initiatives казах
Green bonds
Renewables киргиз
туркм
Energy efficiency
Transport
Climate finance initiatives Bank Green Bonds are part of a larger effort to
The structure, risks and returns of green bonds are the same as those of traditional bonds, but the 10 5 Fiscalare invested exclusively $ proceeds in projects that instruments generate climate or other environmental beneGreen bonds and auctions fits. Typically, a third-party verification establishes the validity of the benefits (UNDP 2016). The World
$
stimulate public and private sector responses to climate change. Uzbekistan’s Advanced Electricity Metering project is one of the recipients of such investment (World Bank 2020b).
Carbon tax on gasoline, subsidies for gas-fueled and electric vehicles Renewables Energy efficiency
Strategic investment Fiscal policies instruments and auctions
$
10
5
Transport
$
Hydropower, Carbon tax on gasoline, subsidies for power lines gas-fueled and electric vehicles The Climate Action Peer Exchange identifies a range of fiscal instruments that countries can use Strategic Private to respondsector to climate challenges. Emissions trading investment initiatives schemes belong in this group, as do carbon taxes; policies reductions in fossil fuel subsidies; tax credits,
Renewables
No investments and subsidies Switch to to coal and polluting industries natural gas Renewables
grants or subsidized$ loans to provide incentives $ for climate investments (CAPE 2020b). Carbon tax relates to the carbon content of fuels and is used in the transport sector to reduce emissions by increasing the price of fuels.
Climate adaptation Climate-friendly Carbon emission offsetting, 65 Hydropower, No investments and subsidies Switch to micro-loans households nature restoration power lines natural gas to coal and polluting industries
