The Asian Development Bank (ADB) has climate change on its agenda. Financing of climate mitigation and adaptation reached a record 4.5 billion Dollars in 2017, a 21 per cent increase compared to the previous year. ADB seems to be in a good position to achieve its target of doubling annual climate finance to 6 billion Dollars by 2020.
But how can investments for climate protection be implemented and how can they be embedded in so-called multi-level governance? The brief "Governance of Low-Carbon Energy System Transitions" shows how investments in climate mitigation can be implemented and how these are embedded in multi-level governance based on the experience of Germany's North-Rhine Westphalia in implementing a low-carbon system transition.
This governance brief by Prof. Dr. Philipp Schepelmann, Project Co-ordinator in the Division Energy, Transport and Climate Policy at the Wuppertal Institute, aims to provide practical examples on how investments in urban infrastructure, clean energy, and energy efficiency can be implemented; and how these can be embedded in multi-level governance, experimentation, and policy-learning. "In the governance brief I focus on examples of the German energy system transition, which is in global comparison an advanced case of a real sustainability transition of an entire national energy system," says Philipp Schepelmann and adds: "North-Rhine Westphalia's experience illustrates the complexity of the governance challenge of implementing low-carbon system transitions".
The complete brief is available in the link below.