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Yannick Glemarec

UNDP Executive Coordinator

Yannick Glemarec joined the UN in 1989. He has held increasingly responsible positions with UNDP Country Offices in Viet Nam, China and Bangladesh. He was appointed UNDP Executive Coordinator for the Global Environment Facility and Director of Environment Finance in New York in June 2007. In this present capacity, he has primary responsibility for the operational management of a $6 billion portfolio comprising about 1,000 projects and activities in over 140 countries. He holds a PhD from the University of Paris in Environment Sciences, and two Master Degrees in Hydrology (ENGREF-France) and in Business Administration (Durham University-UK). He has authored and co-authored several publications in the field of environment and low emissions climate resilient development.

Engineering Investibility

The objective of green investment policies is to create conditions for attractive investment risk/reward profiles, adapted to different types of investors, either through reducing risks (stable policy context, guarantee instruments, etc.) or increasing reward (premium price, tax credits, etc.). A broad range of public interventions can be used to reduce investment risks or increase investment returns. The selection of the most appropriate mix of public policies to catalyze green investment for a given context will depend largely on: (i) the level of maturity of the targeted technology; (ii) the level of maturity of the targeted market status, including the specific national barriers to the targeted technology; (iii) the national regulatory culture; and (iv) available sources of finance to design and deploy public policies.