Access to renewable energy helps reduce greenhouse gas emissions by decreasing dependence on fossil fuels, particularly coal plants and diesel generators. While the renewable energy sector offers an attractive investment opportunity, there are barriers to investment.
Through our offices in India and Indonesia, we have significantly influenced government policy related to renewable energy. Our team in India works with the Ministry of New and Renewable Energy, the Ministry of Finance, and other policymaker to increase investment to India’s renewable energy targets. We do this through a three-pillar approach: first, understand potential investors and the barriers they face; second, explore policy solutions to these barriers; and third, develop financial instrument solutions to these barriers.
Climate Finance in Indonesia: A landmark 2022 lays solid foundation for action in 2023
As Indonesia took up the mantle of G20 presidency, 2022 was a particularly momentous year filled with opportunities to examine the country’s climate finance landscape, improve the underpinning regulatory framework, and foster greater global cooperation on ensuring just energy transitions. Here is a reflection of progresses we have achieved in both sustainable finance and energy transition areas last year and a preview of what is underway for 2023.
Global Landscape of Renewable Energy Finance 2023
This third edition of the biannual joint report by IRENA and CPI analyses investment trends by technology, sector, region, source of finance and financial instrument in the period 2013-2020.
Landscape of Climate Finance in Ethiopia
This report provides a deep dive analysis of the landscape of climate finance in Ethiopia in 2019/2020.
Global Landscape of Climate Finance: A Decade of Data
Public and private climate finance almost doubled between 2011 and 2020. However, reaching climate objectives will require climate investment to increase at least seven times by the end of this decade.
Futureproofing India’s Public Sector Enterprises (Part 1)
Public sector enterprises not only play a vital role in the electricity sector, but also contribute significantly to India’s economy and the social fabric of the country by employing over 15 lakh individuals. Given their vast interests in the coal value chain, they would need to become key change-makers, to not just help achieve India’s decarbonization commitments but to also ensure a just transition for all stakeholders.
Rivers of Diesel in the Amazon: Why Does the Region with Brazil’s Biggest Hydroelectric Plants Still Rely on Expensive, Dirty Fuel?
CPI/PUC-Rio researchers point out the contrast of electricity supply and identify “two Brazils”: the interconnected Brazil that runs on renewable energy and the isolated Brazil powered by fossil fuels.
USICEF Impacts and Lessons learned, 2017-2021
Since launching in 2016, USICEF supported 47 solar power projects, which went on to mobilize 30x in commercial debt over the initial grants provided.
The Role of End-User Subsidies in Closing the Affordability Gap
Electricity access remains a significant global challenge, with only incremental progress made to date towards achieving Sustainable Development Goal 7. Affordability plays an important role in determining whether households gain and maintain access to electricity.