Renewable Energy
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.
Featured work
Press Release
The Lab announces historic 2024 cohort to overcome climate finance barriers across the Global South
Selected ideas to pilot in Brazil, India, South Africa, Uganda, The Philippines, Mexico, and Colombia
Event
Distributed Renewable Energy for Sustainable Development
Power Foundation of India is organizing a full-day conference in collaboration with Climate Policy Initiative at The Ashok Hotel, Chanakyapuri, New Delhi. The conference intends to enhance awareness regarding the advantages of Distributed Renewable Energy (DRE) projects in India’s energy transition and sustainable development. Emphasizing their relevance to net zero targets, the event will foster knowledge exchange.
Blog
Highlights from Indonesia’s JETP Comprehensive Investment and Policy Plan
Indonesia’s JETP launched its Comprehensive Investment and Policy Plan (CIPP) on 21 November 2023. As CPI was heavily involved in the process, supporting both the JETP Secretariat’s overall editorial process and the Finance Working Group’s specific input to the CIPP, we are sharing key highlights from the document.
Latest work
Blog
Indonesia's JETP is a glass half full
In this piece, CPI Indonesia Director Tiza Mafira shares her insights on the national convergence as well as coordinated global responses required for Indonesia’s JETP to succeed.
Publication
Global Landscape of Climate Finance 2023
The most comprehensive overview of global climate-related primary investment
Publication
Proposal for a Global Credit Guarantee Facility
A discussion paper that outlines three approaches for a potential Global Credit Guarantee Fund (GCGF) that could significantly lower the cost of capital for renewable energy investment in emerging economies.
Publication
The Net Zero Alignment of Indonesia’s Power Sector Finance
Our latest tracking of Indonesia power sector finance examines renewable energy capacity and financing gaps, as well as opportunities to better align the country’s power sector finance with its NZE 2060 commitment.
Publication
Cost of Capital for Renewable Energy Investments in Developing Economies
A credit guarantee facility could help address cost-of-capital issues for renewable energy, allowing countries with high solar potential to significantly increase their installed capacity.
Blog
Futureproofing Indian Public Sector Enterprises (Part 2)
As cost-competitive clean energy sources grow and India commits to global decarbonization, Indian PSEs’ carbon-intensive businesses are likely to face challenges, potentially resulting in losses for the Indian state.