Thursday, May 24, 2012

FINANCE-RE 2: Finance report and workshop

In 2011, the IEA-RETD commissioned and published the report‘Strategies To Finance Large-Scale Deployment Of Renewable Energy Projects: An Economic Development And Infrastructure Approach’.

The report concludes that In 2011, the IEA-RETD commissioned and published the report‘Strategies To Finance Large-Scale Deployment Of Renewable Energy Projects: An Economic Development And Infrastructure Approach’. The report concludes thatnew policy approaches are key to attracting massive flows of capital needed to scale up renewable energy. On April 17th 2012, a group of nearly 30 representatives from the banking and finance sector and government gathered in London to discuss the report’s findings as well as existing and possible new finance policy instruments, and their respective roles in mobilising new capital to the renewable energy sector. The study and workshop primarily addressed the role for governments in financing the large-scale deployment of renewable energy.

Policy brief

The main workshop findings are summarized in a policy brief. At this website you can download a short (one page) and longer (three pages) version of the policy brief.

Influencing the policy process

A key objective of IEA-RETD is to enhance the policy framework for accelerated deployment of renewable energy. One of the routes we use is empowering energy policy makers through the provision of information. As an example, the findings of the Finance workshop were directly plugged into Clean Energy Ministerial which was held in London on 25th and 26th April 2012. IEA-RETD continuously looks at suitable occasions to share policy recommendation with high level decision makers. More

 

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