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A Scoping Review of Barriers to Investment in Climate Change Solutions

Author

Listed:
  • Sarah Hafner

    () (Global Sustainability Institute, Anglia Ruskin University, East Road, Cambridge CB1 1PT, UK)

  • Olivia James

    () (Global Sustainability Institute, Anglia Ruskin University, East Road, Cambridge CB1 1PT, UK)

  • Aled Jones

    () (Global Sustainability Institute, Anglia Ruskin University, East Road, Cambridge CB1 1PT, UK)

Abstract

The finance sector has engaged with policy development processes associated with climate solutions for well over a decade, with the aim of overcoming barriers to investment. In this paper we analyse 31 practice-based policy reports which highlight key barriers to such investing. We use those practice-based policy reports to identify themes associated with barriers to investment to conduct a scoping literature review of academic research. We identify 91 relevant papers and use content analysis to summarise the barriers identified in a structured way to help inform the research landscape in a timely manner. Given the urgency of this issue, we call on the academic community to focus more effort in this new and emerging discipline and, in particular, on the need for an independent view on the validity of some of the claims made in these practice-based policy reports.

Suggested Citation

  • Sarah Hafner & Olivia James & Aled Jones, 2019. "A Scoping Review of Barriers to Investment in Climate Change Solutions," Sustainability, MDPI, Open Access Journal, vol. 11(11), pages 1-19, June.
  • Handle: RePEc:gam:jsusta:v:11:y:2019:i:11:p:3201-:d:238209
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    More about this item

    Keywords

    renewable energy investment; policy uncertainty; long term investment; private sector short termism;

    JEL classification:

    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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