Op-ed on Low-Carbon Development: What Roles for Development Finance Institutions?

11 December 2015 - Foreword of the week

Ian Cochran and Mariana Deheza have written an op-ed on the French Huffington Post on the occasion of the launching of the initiative “Five voluntary Climate Mainstreaming Principles” in the sidelines of COP21 the 7 of December 2015. This Op-ed presents the work of I4CE – Institute for Climate Economics on Mainstreaming Low-Carbon Climate-Resilient growth pathways into Development Finance Institutions’ activities.

Four main issues are discussed in this Op-ed :

Why the Low-Carbon Climate-Resilient (LCCR) growth is a challenge that goes well beyond the 100 billion USD political commitment
The role of DFIs in fostering climate and coherent development
The needed paradigm shift from ‘climate finance’ to ‘mainstreaming’ to support the LCCR transition
The keys to further DFI action

You can find the English version of this op-ed on the website of Jean Jaurès Foundation “Progressives for Climate“

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