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
Blog
Electrifying the Last Mile: Community-based Renewable Energy for Eastern Indonesia
Our assessment of four case studies of renewable energy projects in Eastern Indonesia suggests that successful implementations, even in the absence of private sector involvement, have one common denominator — a community-driven approach characterized by full ownership and consensus on various financing and management aspects.
Press Release
UK financial institutions triple investment in clean energy projects according to new report launched at Net Zero Delivery Summit
A new report published today by the City of London Corporation and Climate Policy Initiative (CPI) has revealed that tracked UK financial institutions have almost tripled their investment into clean-energy projects in just one year
Latest work
Blog
JETP Resource Mobilization Plan: How Viet Nam can turn ambition into action
As various emerging economies are seeking to leapfrog coal and move to clean energy through Just Energy Transition Partnerships (JETPs), Viet Nam has passed an important first milestone by setting its Resource Mobilization Plan (RMP). CPI has outlined key takeaways from Viet Nam’s JETP and the RMP and identified some immediate actions to help them succeed.
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.
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.