The Potential Role of Enhanced Bond Structures in Forest Climate Finance

World Bank

Washington, DC

关键词: FOREST FINANCE;    CLIMATE CHANGE MITIGATION;    CLIMATE FINANCE;    BONDS;    REDD+;   

RP-ID  :  120451

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

This report develops innovative bondstructures that respond to challenges currently limiting thefinancing of forest-based NDC activities, with the intentionto catalyze significant increases in financing flows. Thereport sets out a detailed shortlist of three potentialenhanced bond structures, which have the potential tocatalyze funding across the gamut of forest-based nationallydetermined contribution (NDC) activities. The focus is onbond structures that blend donor-funded performance-basedpayments (PBP) alongside some upfront grant funding toimprove the financial performance of the use of proceeds forissuers, and hence enable larger-scale financing fromcapital markets.