Connecting countries to climate technology solutions
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Financial incentives including taxes and subsidies

Financial incentives including taxes and subsidies

  • TEC Brief #6- Enhancing access to climate technology financing

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    Publication
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    The increases in global investment that are needed to remain below a global temperature rise of 2 °C are estimated to be of the order of several hundred billion United States dollars (USD) annually between 2010 and 2029 for low-emission power generation technologies and energy efficiency in the buildings, transport and industry sectors (IPCC, 2014). A further USD 28–67 billion per annum is estimated to be needed as additional investment to adapt to climate change in developing countries (UNFCCC, 2008).