Financing Options for Glasgow's Green Deal

Pengwern Associates supported the drafting of this key report supporting host countries develop a strategic approach for engaging with international carbon markets. The work was co-developed by the World Bank, the Paris Agreement Article 6 Implementation Partnership (A6IP), the Global Green Growth Institute (GGGI), the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), the Integrity Council for the Voluntary Carbon Market (ICVCM), the United Nations Development Programme (UNDP), the United Nations Framework Convention on Climate Change (UNFCCC), and the Voluntary Carbon Markets Integrity Initiative (VCMI).

This report explores the options that are available to Glasgow City Council to finance its Green Deal. It explores ways in which the Council can raise additional capital to support its ambitions as well as the options for deploying that capital that are likely to have high impact.

This report assesses the economic benefits that can be delivered by successful implementation of Glasgow's Green Deal. It looks at both the likely benefit cost ratios and employment potential associated with investments in each of the Green Deal's eight focus areas.