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
Publication
Enhancing Decentralized Renewable Energy Investment in Indonesia
Existing decentralized renewable energy business models fail to address prevailing barriers in the sector, ranging from policy barriers, limited access to finance, and high investment risks, discouraging private investments.
Publication
Alternative Investment Funds as a Potential Pathway for Refinancing Clean Energy Debt in India
Alternative Investment Funds offer the best near and medium-term path to expanding renewable energy access to capital markets.
Publication
Developing a Guarantee Instrument to Catalyze Renewable Energy Investments in Indonesia
This CPI study, produced in collaboration with PT Sarana Multi Infrastruktur (Persero) explores the potential of developing a green investment bank model in Indonesia.
Latest work
Blog
Powering reforms: Transforming India’s power sector through GARUDA
Retiring old, inefficient coal-based power plants by bundling them with new, cheap renewable energy plants would bring multiple transformational benefits to the power sector, improve the PLF and efficiency of old thermal plants.
Blog
China Green Bonds: the state and effectiveness of the market
To better understand China’s green bond market, Climate Policy Initiative (CPI) and the International Institute of Green Finance (IIGF) conducted extensive primary data research to track bond issuances, their use of proceeds and their environmental and climate impacts.
Blog
Rethinking the future of rural energy in Indonesia amid COVID-19
With the dawn of COVID-19, there is an immediate need for policymakers to create an investment environment that nudges capital flow towards decentralized renewable energy.
Blog
If given the chance, Indonesia’s COVID-19 stimulus can build a green, resilient economy
Indonesia has a unique opportunity to learn from past mistakes and build a recovery that improves the country’s chances for economic stability and growth.
Blog
Uncovering the Private Climate Finance Landscape in Indonesia
Indonesia needs to significantly scale up climate finance in the next ten years to achieve its NDCs. CPI’s upcoming study, Uncovering the Landscape of Private Climate Finance in Indonesia, is aimed at developing a first-of-its-kind approach for tracking private climate finance in Indonesia.
Blog
India’s lightbulb moment: Not using this crisis for meaningful energy sector reform would be a waste
The trend of low power demand, now furthered in the post-COVID economy, and increased RE generation, will continue to put a ceiling on the PLF of the thermal fleet.
Blog
Bridging the Financing Gap in Environmental Programs
Tasked with managing funds related to environmental protection and conservation, Indonesia’s Environmental Fund Management Agency provides a unique financing mechanism to help meet the country’s climate goals.
Publication
Indonesia Environment Fund
The regulatory framework of a public service agency provides solid legal basis for a robust and flexible vehicle to fund activities for public interest, including managing money from international donors.
