IDEAS home Printed from https://ideas.repec.org/a/taf/jsustf/v13y2023i2p1110-1127.html
   My bibliography  Save this article

Mobilizing private sector investment for climate action: enhancing ambition and scaling up implementation

Author

Listed:
  • Bhim Adhikari
  • Lolita Shaila Safaee Chalkasra

Abstract

Private-sector finance has been widely seen as a step to scale up access to resources for ambitious climate action, given the limited availability of public resources. However, there is a knowledge gap about the risks, barriers, and opportunities associated with greater private investment. This paper analyses some important barriers that commonly inhibit private sector investment in climate adaptation action. The analysis draws on case studies of small and medium-sized business (SMEs), multinational companies (MNCs), B corporations and impact investors. Our analysis confirms that private sector actors are willing to invest in climate adaptation, but their investment decisions are constrained by risk profiles associated with climate adaptation projects, the lack of financially viable and bankable projects, and complete knowledge of climate risk that guide adaptation decision. A tailored approach is required to leverage private sector finance, and conducive public policy interventions will facilitate to mobilize different types of private sector actors.

Suggested Citation

  • Bhim Adhikari & Lolita Shaila Safaee Chalkasra, 2023. "Mobilizing private sector investment for climate action: enhancing ambition and scaling up implementation," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 13(2), pages 1110-1127, April.
    • Handle: RePEc:taf:jsustf:v:13:y:2023:i:2:p:1110-1127
    DOI: 10.1080/20430795.2021.1917929
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/20430795.2021.1917929
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/20430795.2021.1917929?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yuanxin Li & Xinmiao Zhou & Huihong Liu & Jia Wu, 2024. "Incentive or Barrier: Evidence from Environmental Policy and Corporate Sustainability in China," Sustainability, MDPI, vol. 16(24), pages 1-34, December.
    2. Maurel Lois Ahlonko SOSSOU & Joel MOYEYEGUE, 2024. "Factors Favoring the Adoption of Green Finance by Financial Institutions In Dakar: An Exploratory Study," International Business Research, Canadian Center of Science and Education, vol. 17(6), pages 1-34, December.
    3. Ninik SRIJANI & Siti AISYAH & Lilik Sri HARIANI, 2023. "Presidential Election and SME Transformation in Indonesia: The Influence of Policies and Political Dynamics," CECCAR Business Review, Body of Expert and Licensed Accountants of Romania (CECCAR), vol. 4(10), pages 60-73, October.
    4. Chao Li & Xing Su & Chao Fan & Jun Wang & Xiangyu Wang, 2025. "A Sustainable Circular Framework for Financing Infrastructure Climate Adaptation: Integrated Carbon Markets," Papers 2501.08004, arXiv.org, revised Feb 2025.
    5. Liu, Xiaoxi & Yuan, Xiaoling & Ge, Xing & Jin, Zhongguo, 2024. "Adaptation and innovation: How does climate vulnerability shapes corporate green innovation in BRICS," International Review of Financial Analysis, Elsevier, vol. 94(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jsustf:v:13:y:2023:i:2:p:1110-1127. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TSFI20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.