Mobilising Finance For Renewable Energies
Article from: OGEL 2 (2004), in Renewable Energy
Summary
Renewable energy (RE) has a significant potential to mitigate global climate change, address regional and local environmental concerns, reduce poverty and increase energy security. For renewable energies to achieve their market potential, policy frameworks and financial instruments are necessary that give financiers the necessary assurance and incentives to shift investment away from carbon-emitting conventional technologies to large-scale investment in clean energy systems. The article assesses how renewable energies are different from conventional energy projects and what impact this has ...