"CMIA helped to explain the potential for project-based mechanisms across a variety of constituencies and is a key voice driving the conversation on results-based finance and sector approaches for scaling-up emission reduction investments. We urgently need input from organisations like CMIA to operationalise Art 6 of the Paris Agreement."

Mr. Franz-Josef Schafhausen, former Director General Climate Change, European and International Affairs, Federal German Ministry of the Environment, Nature Conservation, Building and Nuclear Safety

Shifting the Lens

17th October 2018 by CMIA

Shifting the Lens is one part of the broader Financing Climate Futures initiative focusing on the identification of critical uncertainties posing constraints to aligning financial flows with climate objectives and in particular infrastructure investment. Adopting a foresight and scenarios approach, this part of the overall initiative seeks to offer insights into ways to overcome barriers and secure the realignment needed.

It examines the critical uncertainties that influence the selection, design, procurement, deployment and related financing decisions for climate-compatible infrastructure. Seven areas of critical uncertainties have been identified, focused on the impacts of: (a) climate change itself; (b) shifts in the economic and geopolitical features of globalization; (c) the technological intensification and digitization of infrastructure; (d) new economic, business and financing models such as the shared and circular economy and rentalization; (e) new forms of citizen engagement; (f) changes to the financial system; and (g) economic downturns and external shocks.

The briefing has been developed by UN Environment, with key contributions from the OECD, the World Bank Group, and Germany’s Federal Ministry of the Environment, Nature Conservation and Nuclear Safety. The final report will be launched during 2018. Comments on this briefing can be made to [email protected].

Source: http://bit.ly/ShiftLens