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.
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.
A cautious sense of optimism has buoyed us throughout 2021 and landed us into 2022. Here is a reflection of the progress we have made towards Climate Finance in Indonesia in 2021, and a preview of what is in stock for 2022.
This report identifies the challenges faced by ESCOs in Indonesia’s developing energy efficiency market and suggests improvements, based on market research to existing energy efficiency business models that are viable and can be scaled up in Indonesia.
In this insight, CPI/PUC-Rio shows that Amazon deforestation affects rainfall in the state of Mato Grosso – one of the most important agricultural hubs in the world, home to more than three million people, and 8 hydroelectric power plants.
Energizing Finance, developed in partnership with Sustainable Energy for All, provides a comprehensive analysis of tracked finance commitments flowing to the two key areas of energy access: electrification and clean cooking.
One of the key challenges for cities to meet their climate goals is the availability of finance and technical expertise, especially in developing economies. However, opportunities exist to better understand the landscape of and sources for urban climate finance, what’s preventing its scale-up, and how choices at the municipal, regional, and national levels can optimize the environment for urban climate finance.