This Working Paper analyses opportunities and threats for low-income countries, and the business case for low carbon investment. The study sets out to answer the following questions:
i) How will climate change, international mitigation, and scarcity of natural resources affect trade opportunities and the competitiveness of the most important economic sectors in low-income countries?
ii) How can policymakers and businesses in those countries best respond to the opportunities and threats identified?
iii) When do these three competitiveness-related drivers create a business case for low carbon investment, and when do they create a trade-off? What are the implications for policy?
At a time when extreme weather events are coming with increasing frequency—and an increased price tag for clean-up—cash-strapped governments are seeking new solutions to build climate resilience. A new World Economic Forum Report offers some hope.
This report was prepared for the G20 Development Working Group to inform the creation of a public-private G20 Dialogue Platform on Inclusive Green Investment to scale up commercially viable financial investments.