New IRENA Report Presents Options to Boost Renewable Energy Investment
A new report released today on the margins of the G20 Energy Ministers meeting in Beijing provides policy makers, financial institutions and project developers with a range of options to help scale up investment in renewable energy. To meet global climate and sustainable development goals, investment in renewable energy must double by 2020 and more than triple by 2030. Unlocking Renewable Energy Investment: the role of risk mitigation and structured finance, finds that reaching this level of investment is entirely possible. It will require policymakers and public finance institutions to employ a portfolio of approaches that target different investment constraints facing private finance, which will make up the majority of new investment in renewables.….