Financing Climate Futures: Rethinking Infrastructure

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The OECD, UN Environment, and the World Bank have released "Financing Climate Futures: Rethinking Sustainable Infrastructure". The report focuses on how governments can move beyond the current incremental approach to climate action and more effectively align financial flows with climate and development priorities.  It explores six transformative areas that will be critical to align financial flows with low-emission and resilient societies (planning, innovation, public budgeting, financial systems, development finance, and cities), and looks at how rapid socio-economic and technological developments, such as digitalisation, can open new pathways to low-emission, resilient futures. The report is also complemented by a set of policy highlights.