Derisking Renewable Energy Investment. A Framework to Support Policymakers in Selecting Public Instruments to Promote Renewable Energy Investment in Developing Countries

Miscellaneous · Fri Mar 15 04:00:00 EDT 2013

OSTI ID:22090458

Waissbein, Oliver; Glemarec, Yannick; Bayraktar, Hande; Schmidt, Tobias S.

This report introduces an innovative framework to assist policymakers to quantitatively compare the impact of different public instruments to promote renewable energy. The report identifies the need to reduce the high financing costs for renewable energy in developing countries as an important task for policymakers acting today. The framework is structured in four stages: (i) risk environment, (ii) public instruments, (iii) levelised cost and (iv) evaluation. To illustrate how the framework can support decision-making in practice, the report presents findings from illustrative case studies in four developing countries. It then draws on these results to discuss possible directions for enhancing public interventions to scale-up renewable energy investment. UNDP is also releasing a financial tool for policymakers to accompany the framework. The financial tool is available for download on the UNDP website.

• Research Organization: United Nations Development Programme (UNDP), New York, NY (United States)
• OSTI ID: 22090458
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
DEVELOPING COUNTRIES
ECONOMIC IMPACT
FINANCING
MARKET
PUBLIC OPINION
PUBLIC POLICY
RENEWABLE ENERGY SOURCES
SOCIO-ECONOMIC FACTORS
TECHNOLOGY IMPACTS