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
Publication
Improving the impact of fiscal stimulus in Asia: An analysis of green recovery investments and opportunities
India, Indonesia, the Philippines, Singapore, and South Korea have together announced a total of USD 884 billion in COVID-19 recovery stimulus packages. This study maps the ‘greenness’ of these fiscal stimulus measures and their contribution towards country-level climate objectives.
Blog
3 lessons from India for achieving clean and accessible energy
97% of Indian households now have access to electricity with an average of 20.6 hours of grid-electricity supply. But there are still gaps that need to be filled for India to achieve its vision of 24/7 uninterrupted electricity supply.
Blog
Scaling Climate Finance in China
Recent developments indicate that China is taking serious steps to meet its climate ambition, with finance playing a center role.
Blog
Climate Finance in Indonesia: Our top stories from 2020
A new normal after the COVID-19 pandemic requires a green and just economic recovery. Here is our most-read work from 2020 that responds to the challenges, and a preview of what is in stock for 2021.
Blog
The Biden Administration’s potential impact on climate finance
The incoming Biden Administration has powerful tools to accelerate climate investment.
Publication
USICEF 2020 Impact Report
In just three years, USICEF has identified over 30 early-stage businesses across 20 states in India, mobilized USD 200mn in debt financing, and has committed a total of USD 5.1 million in grant-based funding to these projects.
Publication
Electricity market reform - Karnataka case study
Karnataka is well placed to meet its energy needs over the next decade thanks to the rapid deployment of renewables. But capacity additions of solar and wind are not enough on their own to help the state meet its targets.
Publication
Electricity market reform – Tamil Nadu case study
This case study addresses key elements of electricity market reforms and technology development that are central to the ability of Tamil Nadu, and India as a whole, to meet its decarbonisation goals.
