The Landscape of climate finance is a comprehensive study of financial flows in favor of climate and the broader energy transition in France. Started in 2013, this research project deploys an innovative methodology to collect and process publicly available data on financial flows. Results support decision making on financing instruments, the economic model of projects and the role of public and private actors.

Mapping financial flows dedicated to climate change action and the energy transition

Provide a clear and comprehensive view

Mapping financial flows dedicated to climate change action and the energy transition

Become the basis for the review of financial flows

  • Taking stock of current progress, in terms of financial volume and climate performance, comparing the Landscape results with estimated needs to reach energy transition in the coming years;
  • Progressing towards coherence in the role of public action in financing, through the greening of traditional uses of public finance and through incentives to reorient private finance;
  • Putting climate finance flows in the context of broader energy system finance, across production and consumption sectors

Share and spread the methodology and lessons internationally

Building a network of experiences on tracking climate and energy financial flows, in developed and developing countries.

  • Serve as diagnostic tool linking investment, project economic model, and finance
  • Measure progress and gaps towards investment objectives
  • Support decision making in the elaboration of investment plans, instruments or data collection schemes
Climate finance value chain: from sources to projects

Climate finance value chain: from sources to projects

In 2016: update, extend and improve the Landscape of Climate Finance in France

Part 1: Update results for years 2014 and 2015

This update will be made on the basis of the current methodology. It will cover both investment spending figures, based on most recent available estimates, and the way this spending was financed.

Part 2: Extend the coverage of climate investment in France

By improving the methodology while considering new additions to the perimeter:

  • Adaptation to climate change
  • Investments in research and development related to climate
  • Recharge infrastructure for electrical vehicles

Part 3: Improve the study of financial flows in the broader energy system

Examine spending, both investment and operation and its financing in the energy system in France. The energy system is comprised of energy production, energy transport and distribution, energy consumption (buildings, industry, vehicles) and infrastructures (primarily transportation infrastructure). This work, new in France, will serve as comparison background for results of parts 1 and 2 of the program.

Project Info


Partners The Agency Environment for Energy Management (ADEME) and the Ministry of Environment (MEDDE-DGEC) support the research program in 2015 and 2016. In 2016, the project also received support from Climate KIC’s Ideator Program.
Deliverables Upcoming 2016 deliverables:
  • 2016 Edition of the report on the French Landscape of Climate Finance (September)
  • Special Report on the Energy Finance Landscape in France (December)
Available results for 2015: The Landscape of Climate Finance covers up to €36,4bn in France in 2013. The study covers years 2011 to 2013, with preliminary results for year 2014. In 2014, the first edition of the Landscape analyses the issues related to climate finance in five key sectors of the French economy.
Context

Understand financial flows is key to the success the of energy and climate transition

To boost a transition towards low carbon and climate-resilient economy, policies put into place:
  • Economic signals such as carbon price, feed-in tariffs for renewables, white certificates for energy efficiency;
  • Regulatory frameworks: building standards, thermal regulations, vehicle efficiency goals
  • Financial incentives: subsidies or concessional debt to unlock investment

Such policies encourage a double shift

  • An increase in investment in low-carbon capital;
  • A decrease of investment in carbon-intensive economic sectors

This shift concerns both public and private financial flows

For public finance, this shift can take the form of a greening of traditional areas of intervention or the creation of incentives to redirect private finance towards climate-friendly projects.

A methodology developed by Climate Policy Initiative

The tracking of climate financial flows was first developed by Climate Policy Initiative. Their most recent study covers global climate financial flows in 2015.

Publications