Financing Climate Futures: Rethinking Infrastructure

This report lays out the agenda for integrating climate considerations into all aspects of our societies and setting up the right incentives to better align financial flows by focussing on key transformational action areas: planning, innovation, budgeting, finance, development and cities. Among key steps, governments must plan for long-term climate objectives and disentangle their fiscal reliance on fossil fuels. They should mobilise public and private finance to bridge the infrastructure investment gap in order to meet both development needs and climate objectives. Climate innovations must be developed and widely deployed. And last but not least, action must focus on cities, which are the building blocks of modern societies.