Investment Planning and Capital Mobilization
Country platforms are designed to drive public and private finance towards supporting national development priorities. As such, translating national climate ambitions into a credible, financeable investment program is critical. Investment planning spans a range of activities across the platform lifecycle, from identifying priority investments and developing project pipelines, to aligning investment plans with national fiscal realities and debt sustainability constraints, to structuring the capital needed to deliver those investments.
Multiple considerations shape the investment planning process. How a country navigates them will influence the design of the platform. A country may conduct a top-down assessment of financing needs from a national planning perspective alongside bottom-up sectoral analysis, informing the platform's overall investment approach. Mapping these needs against available financing sources can help countries identify viable mechanisms for mobilizing capital at scale.
Another important step is translating identified investment needs into a sequenced project pipeline. This requires assessing whether projects are sufficiently prepared for financing and implementation, and where alternative forms of concessionality may be needed to support the pipeline development. Where subnational governments lack the institutional capacity to bring concepts to a bankable stage, multilateral development banks and national development banks can bridge this gap through project preparation support.
At the same time, a country's macro-fiscal position provides important context for investment planning and can help steer the objectives of a country platform. Understanding how fiscal frameworks, subsidy regimes, and tax structures align with platform priorities can reveal where policy reform may help create a more enabling environment. It is worth noting that a country platform is not typically designed to solve these macro-fiscal positions directly, but rather operates within a country’s macro-fiscal landscape.
