Unlocking $23 trillion of climate investment opportunities: Is mission possible?

The document identifies a $23 trillion investment opportunity in 21 emerging market economies by 2030 across sectors like renewable energy, green buildings, and clean transport. It emphasizes that while private sector outlook is strong, governments must convert climate targets into long-term growth strategies, strengthen business regulations to build investor confidence, and use public finance catalytically through blended finance to create new markets.

• Analysis of national climate commitments in 21 emerging market economies indicates an investment potential of $23 trillion by 2030 if these nations scale up wind and solar energy, green buildings, cleaner transport, and waste solutions.
• Renewable energy and energy efficiency are primary growth areas, with 138 countries prioritizing renewables and 110 targeting energy efficiency (including cogeneration and green buildings) in their Paris commitments.
• To attract private investment, governments should adopt three priorities: integrating climate targets into national development strategies (including carbon pricing and removing inefficient subsidies), strengthening business regulations and property rights to build confidence, and using public finance catalytically to mobilize commercial funds for first-of-a-kind projects.
• Specific successful models for unlocking investment include the Scaling Solar programme's use of competitive auctions in Zambia, Jordan's use of feed-in tariffs and sovereign guarantees for the Tafila Wind Farm, and the use of concessional financing to establish early markets in Thailand and Mexico.
• In China, the Utility Energy Efficiency programme has driven 11 billion Chinese yuan ($2 billion) in finance through local banks since 2006, preventing over 22 million tons of greenhouse gas emissions, with an estimated $2.1 trillion in new green building investments expected by 2020.

APA

Stoiljkovic, N. (2017). Unlocking $23 trillion of climate investment opportunities: Is mission possible? World Economic Forum. https://www.weforum.org/stories/climate-action/unlocking-23-trillion-of-climate-investment-opportunities-is-mission-possible/

Chicago

Stoiljkovic, Nena. Unlocking $23 trillion of climate investment opportunities: Is mission possible? World Economic Forum, 2017. https://www.weforum.org/stories/climate-action/unlocking-23-trillion-of-climate-investment-opportunities-is-mission-possible/.

Wikipedia

{{cite press release |last1=Stoiljkovic |first1=Nena |title=Unlocking $23 trillion of climate investment opportunities: Is mission possible? |publisher=World Economic Forum |date=31 January 2017 |url=https://www.weforum.org/stories/climate-action/unlocking-23-trillion-of-climate-investment-opportunities-is-mission-possible/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{stoiljkovic2017unlocking, author = {Stoiljkovic, Nena}, title = {{Unlocking \$23 trillion of climate investment opportunities: Is mission possible?}}, publisher = {World Economic Forum}, year = {2017}, month = jan, url = {https://www.weforum.org/stories/climate-action/unlocking-23-trillion-of-climate-investment-opportunities-is-mission-possible/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }