Financing the green energy transition
Published on:
Nov 24, 2023
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The report suggests innovative finance instruments to reduce risks and boost investment in developing economies, facilitating a just global energy shift. Key points include the need for $5-7 trillion annual global investment for net-zero emissions by 2050, a potential 40% cost reduction in developing economies (saving $50 trillion) with improved financing, and the necessity for collaborative efforts among governments, investors, and financial institutions to create mechanisms that attract private finance. It also underscores the importance of major policy and regulatory initiatives to strengthen international investment structures.
