To proactively tackle these issues, The Gold Standard completed a study that launches the first-ever financing framework designed to inject the billions of dollars needed to scale-up clean technology and pro-poor development in cities around the globe.
This ground-breaking study investigated the opportunities for sustainable, low carbon urban development by distributing multiple clean technologies within poor and middle-income communities in Delhi, India. It then examined the feasibility of using an innovative results-based finance approach versus Programme of Activities mechanisms to catalyse a combination of public and private investment that can be implemented on a large scale–with the proper rigorous governance to ensure real, long term outcomes.