Raising the Stakes

The paper examines 27 PPCFIs representing US$41.3 billion in capitalization, finding that limited private sector co-investment is driven by small deal pipelines, inadequate scale, and rigid institutional mandates. It recommends that donor governments foster climate-friendly markets, increase private sector awareness, and streamline access processes to better mobilize the trillions of dollars required for green infrastructure in developing countries.

• The survey covers 27 public and public-private climate change funds and initiatives (PPCFIs) with a combined aspired or current capitalization of approximately US$41.3 billion.
• PPCFI decision-making and instrument offerings are closely linked to whether they use direct or indirect investment models or provide technical assistance, with each approach presenting different trade-offs regarding who approves projects.
• Private sector co-investment at the fund level is hindered by several interrelated factors: a lack of attractive project pipelines with sufficient risk-reward profiles, high processing costs due to inadequate scale, restrictive political or legal mandates, and a lack of established track records for returns, as many funds are only two to five years old.
• Additional barriers to mobilizing private capital at the project level include low private sector awareness of available funds and their processes, as well as a global project pipeline that is limited and biased toward more mature markets.
• The World Economic Forum estimates that by 2020, US$5.7 trillion in annual green infrastructure investment is needed to limit greenhouse gas emissions, with US$0.7 trillion of that needing to be new and additional.

APA

World Resources Institute (n.d.). Raising the Stakes. https://www.wri.org/research/raising-stakes

Chicago

World Resources Institute. Raising the Stakes. n.d. https://www.wri.org/research/raising-stakes.

Wikipedia

{{cite report |author=World Resources Institute |title=Raising the Stakes |url=https://www.wri.org/research/raising-stakes |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldresourcesinstitutendraising, author = {{World Resources Institute}}, title = {{Raising the Stakes}}, institution = {World Resources Institute}, url = {https://www.wri.org/research/raising-stakes}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }