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Climate finance
Climate Finance Beyond Project-Based Interventions
Moving from fragmented projects toward durable national financing systems.
The question
What should infrastructure make possible?
Moving from fragmented projects toward durable national financing systems.
What we observe
The asset is only the beginning
Moving from fragmented projects toward durable national financing systems.
The tension
Completion is visible; productive use is the test
The central issue is whether the intervention changes the conditions for productive activity, rather than only increasing the stock of assets.
TAY interpretation
The economic unit is the system around the asset
Moving from fragmented projects toward durable national financing systems.
Evidence and analysis
What the evidence shows
Closing proposition
From asset delivery to productive capability
Moving from fragmented projects toward durable national financing systems.