How to Unlock Pipelines of Bankable Renewable Energy Projects in Emerging Markets and Developing Countries?

doi:https://doi.org/10.1596/41645

Publication:
How to Unlock Pipelines of Bankable Renewable Energy Projects in Emerging Markets and Developing Countries?

dc.contributor.author	ESMAP
dc.date.accessioned	2024-06-03T18:39:47Z
dc.date.available	2024-06-03T18:39:47Z
dc.date.issued	2024-06-03
dc.description.abstract	The energy transition will require a major scale-up in the deployment of renewable energy with both public and private finance playing critical roles. Aligning with the Paris Agreement targets needs tripling of total renewable energy capacity in Emerging Markets and Developing Countries (EMDC) by 2030, significantly augmenting financing flows towards renewable energy projects. While the billions to trillions concept, which involves leveraging a small injection of public funds to unlock vast amounts of private resources is appealing, the current situation is far more intricate and demanding than often presented. Scarcity of financing is not an impediment to renewable energy deployment, but the limited availability of bankable projects is. Even under challenging environments, when bankable projects are tendered, investors actively respond to these opportunities and mobilize private investment. However, there is today a global shortage of bankable renewable energy projects available for private investment. Developing a pipeline of bankable projects requires coordinated interventions by governments targeting unique barriers and risks within a country. Governments must deliver the energy transition, while enhancing affordability and reducing poverty. To achieve this, governments with the support of Multilateral Development Banks (MDBs) and other development partners can address country and project-specific barriers to lower risk levels perceived by Independent Power Producers (IPPs), creating the environment necessary to develop a pipeline of renewable projects.	en
dc.identifier	http://documents.worldbank.org/curated/en/099120623171525006/P1742021cf52b60e6196b81854984124388
dc.identifier.doi	10.1596/41645
dc.identifier.uri	https://hdl.handle.net/10986/41645
dc.language	English
dc.language.iso	en_US
dc.publisher	Washington, DC: World Bank
dc.rights	CC BY-NC 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	https://creativecommons.org/licenses/by-nc/3.0/igo
dc.subject	RENEWABLE ENERGY
dc.subject	BANKABLE PROJECTS
dc.subject	GOVERNMENT'S ROLE
dc.subject	SDG 7
dc.subject	CLEAN ENERGY
dc.subject	RESIDUAL RISKS
dc.title	How to Unlock Pipelines of Bankable Renewable Energy Projects in Emerging Markets and Developing Countries?	en
dc.type	Report
dspace.entity.type	Publication
okr.crossref.title	How to Unlock Pipelines of Bankable Renewable Energy Projects in Emerging Markets and Developing Countries?
okr.date.disclosure	2024-06-03
okr.date.lastmodified	2024-05-30T00:00:00Z	en
okr.doctype	Publications & Research::ESMAP Paper
okr.doctype	Publications & Research
okr.docurl	http://documents.worldbank.org/curated/en/099120623171525006/P1742021cf52b60e6196b81854984124388
okr.guid	099120623171525006
okr.identifier.docmid	P174202-cf52b6b1-4aeb-47e6-96b8-854984124388
okr.identifier.doi	https://doi.org/10.1596/41645
okr.identifier.externaldocumentum	34209691
okr.identifier.internaldocumentum	34209691
okr.identifier.report	186249
okr.import.id	4352
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/099120623171525006/pdf/P1742021cf52b60e6196b81854984124388.pdf	en
okr.region.geographical	World
okr.sector	Public Administration - Energy and Extractives
okr.theme	Climate change,Mitigation,Access to Energy,Energy,Gender,Human Development and Gender,Energy Policies & Reform,Environment and Natural Resource Management,Disease Control,Pandemic Response
okr.topic	Energy::Renewable Energy
okr.topic	Environment::Adaptation to Climate Change
okr.topic	Finance and Financial Sector Development::Access to Finance
okr.unit	ESMAP 1 (IEES1)