Investing in Clean Energy: How can developed countries best help developing countries finance climate-friendly energy investments?
Article
Stage one examines in detail the costs of installing clean energy capacity in four major developing countries, according to existing or anticipated government plans, and proposes a range of financial leveraging mechanisms to help ensure the required levels of investment are available.
Stage two includes findings from a series of national dialogues in GCN member countries with policymakers, affected firms, banks and finance professionals and other experts. Participants were asked for their views on real-world barriers to financing and to respond to the outcomes and proposals from stage one of the study.
An investment partnership between the public and private sectors would include three equally important key elements:
- Using developed country public funds strategically
- Ensuring stable long-term policy is in place in developing countries, and
- Addressing the incremental costs of clean energy technologies.
The report is released alongside a memorandum Leveraging Private Finance for Clean Energy: A Summary of Proposed Tools for Leveraging Private Sector Investment in Developing Countries by GCN and the Center for American Progress.
Related items
Reclaiming social mobility for the opportunity mission
Every prime minister since Thatcher has set their sights on social mobility. They have repeated some version of the refrain that your background should not hold you back and hard work should be rewarded by movement up the social and…Facing the future: Progressives in a changing world
Realising the reform dividend: A toolkit to transform the NHS
Building an NHS fit for the future is a life-or-death challenge.