Transforming on-grid renewable energy markets. A review of UNDP-GEF support for feed-in tariffs and related price and market-access instruments

Miscellaneous · Thu Nov 15 04:00:00 EST 2012

OSTI ID:22090461

Glemarec, Yannick; Rickerson, Wilson; Waissbein, Oliver

As a Global Environment Facility (GEF) founding implementing agency, UNDP has worked on over 230 GEF-supported clean energy projects in close to 100 developing countries since 1992. About 100 of these projects in 80 countries have focused on renewable energy, supported by approximately US $ 293 million in GEF funds and leveraging US $1.48 billion in associated co-financing from national governments, international organizations, the private sector and non-governmental organizations. As part of UNDP efforts to codify and share lessons learnt from these initiatives, this report addresses how scarce public resources can be used to catalyze larger private financial flows for renewable energy. It provides an overview of UNDP-GEF’s extensive work supporting development of national renewable energy policies such as feed-in tariffs. In these activities UNDP-GEF assists developing countries to assess key risks and barriers to technology diffusion and then to identify a mix of policy and financial de-risking measures to remove these barriers and drive investment. This approach is illustrated through three case studies in Uruguay, Mauritius and Kazakhstan. This report is complemented by a companion publication presenting an innovative UNDP financial modeling tool to assist policymakers in appraising different public instruments to promote clean energy.

• Research Organization: United Nations Development Programme (UNDP), New York, NY (United States)
• OSTI ID: 22090461
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
DEVELOPING COUNTRIES
ECONOMIC IMPACT
ENERGY POLICY
FINANCING
RENEWABLE ENERGY SOURCES
RISK ASSESSMENT
SOCIO-ECONOMIC FACTORS
SUSTAINABLE DEVELOPMENT
TARIFFS