Investing in Clean Energy: How can developed countries best help developing countries finance climate-friendly energy investments?

Article

This Global Climate Network report encompasses findings from a two-stage study of climate change financing, focused on mitigation and specifically clean energy. Overall, the report points to the need for an investment partnership between the public and private sectors.

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

  1. The Houses of Parliament and Big Ben, River Thames and Westminster Bridge

    Taxing choices: Taking the public’s temperature ahead of the budget

    The stakes for a government are rarely higher than at a budget. Every chancellor has dealt with this differently. Ken Clarke would draft his budget speech with cigars and whisky, Gordon Brown pored over every word in what officials called…
  2. Scottish parliament building at Holyrood and Calton Hill, Edinburgh

    Great expectations: Rejuvenating the national debate in Scotland

    Fresh IPPR Scotland polling shows that politicians must raise their game if next year’s election is a to be serious debate about the challenges facing Scotland and potential solutions. 
  3. A Black man in a bright orange high vis jacket and hard hat stands in the middle of a road holding a sign that says 'STOP - WORKS'

    Unfinished business: Redressing inequality in British policy and Black lives

    As conversations about race and equality continue to evolve, Black History Month remains a powerful invitation to pause, reflect, and recommit to progress.