Co--Chairs: Jose Garibaldi,Co
Takejiro Sueyoshi.
Rapporteur: Andrew Bolitho•Achieving a low-carbon society is fundamentally a question of redirecting investment to more energy efficient and having lower
carbon intensity technologies, techniques and infrastructure.

•Embedded Investment: will affect carbon intensity for decades –every investment made without considering carbon intensity amissed opportunity.

•Investment path shift: focus beyond incremental improvements, tothe timescale and the size of change requiredAdditional investment and financial flows in 2030Mitigation Sector

Global(billion USD)

Share of developing
countries

Energy Supply(-) 67

55%

Industry

3653%

Building

5129%

Waste

0.967%

Transport

8841%

Agriculture

3566%

Forestry

2199.5%35 - 45-

Energy RD&D

Global: 200 – 210 billion USD (0.92% of projected global investment and 0.26%
of global GDP in 2030)
Non Annex I Parties: 76 - 77 billion USD (0.86% of Investment and 0.29% ofGDP in 2030)
Amount large in absolute terms, but small relative to GDP and total investment

Additional investment and financial flows - adaptation in 2030

SectorGlobal(billion USD)

Share ofdeveloping
countries

Agriculture, forestry andfisheries

1450%

Water supply

1180%

Human Health5100%

Coastal zone

1140%

Infrastructure

8-130

25%

Global: Overall needs identified in this study correspond to 0.2–0.8% of
Global:global investment flows or 0.06
06--0.21 % of projected GDP in 2030
2030..
Developing countries
countries:: USD 28 to 67 billion in 2030
2030..

Amount large in absolute terms, but small relative to GDP and investment

•Low carbon intensive sector untapped:– need to direct investment in both high and low carbon intensive
industries - wider range of low cost measures in the latter•

Range of Interventions:– basic information,– logistical and financial innovations to maximise the cumulative
potential of individual actions,– regulation and programme based approaches to carbon financewhen these are appropriate.
– Carbon pricing•

Frequent mismatches in companies between contribution to carbon
emissions and associated carbon production costs– Carbon pricing capable of addressing mismatches, but not inappropriate time scale– Carbon management at appropriate scale and time requires
measures to accompany entry of emissions trading.

•

Increase R&D in new LCS technologies and techniques required•

Urgent need to increase investment in the deployment of alreadyexisting low-carbon technologies.

•unique barriers in each of the major contributors to the technology
options to LCS -need to be addressed in an integrated fashion forinvestment to flow.

•Credible Government actions for a robust carbon price signal
necessary but not on their own sufficient.

•Reduction opportunities frequently less expensive on a per tonne
basis in the developing world.
– International cooperation to facilitate appropriate measures thatencourage scaling up of investment.
– Cooperation to extract these reductions increase global benefits.

•Delaying the implementation of actions on a domestic and global
perspective– Significantly increase costs of achieving a low-carbon society,– Measures implemented in a shorter and more expensive
timeframe,– Costs currently not associated with Climate Change impacts
increments.