"Leveraging" private sector investment to extend limited public climate funds is key to funding the transition to a low-carbon, climate-resilient future. Yet it is often unclear what we mean when we talk about the concept of leverage.
In Spring 2011 experts from Environmental Defense Fund, Climate Policy Initiative, Brookings Institution, and Overseas Development Institute began a joint study on the topic of the effectiveness of climate finance. The survey paper with overall findings and key lessons was published last month: http://www.edf.org/sites/default/files/Effectiveness_of_Climate_Finance.pdf
"Improving the Effectiveness of Climate Finance: Leveraging Methodologies" provides a closer look at the theory and practice of leveraging private sector investment: http://www.edf.org/content/improving-effectiveness-climate-finance-survey-leveraging-methodologies