29 April 2014
Renewable energy financing in emerging economies faces particularly daunting challenges, but there are policy solutions that could potentially reduce the cost of renewable energy support by as much as 30%, according to analysis by the Climate Policy Initiative (CPI). This webinar reviews at two potential solutions to the challenge.
- Reducing the Cost of Using Debt Sourced from the Developed World: Indexing renewable energy tariffs to foreign currency to eliminate the currency hedging costs that are responsible for the largest share of the difference between developed world and rapidly emerging country debt costs.
- Improve the Cost-effectiveness of Domestic Renewable Energy Support Programs: Provide lower-cost debt through debt concession programs to lower the total cost of providing required support.
In this webinar CPI Senior Director David Nelson and India Fellow Gireesh Shrimali summarize these possible solutions and take questions from webinar participants.