Unlocking Commercial Financing for Clean Energy in East Asia

doi:10.1596/978-1-4648-0020-7

Publication:
Unlocking Commercial Financing for Clean Energy in East Asia

dc.contributor.author	Wang, Xiaodong
dc.contributor.author	Stern, Richard
dc.contributor.author	Limaye, Dilip
dc.contributor.author	Mostert, Wolfgang
dc.contributor.author	Zhang, Yabei
dc.date.accessioned	2013-09-30T20:48:32Z
dc.date.available	2013-09-30T20:48:32Z
dc.date.issued	2013-09
dc.description.abstract	Overwhelming evidence indicates that climate change, caused in large part by human activities, is already adversely impacting all people, with the very real prospect of worse to come. Nevertheless, a global treaty to curb carbon emissions remains elusive. In East Asia, all middle-income countries have set national targets for energy efficiency and renewable energy, and some even have targets for carbon reduction. This report focuses on recent experiences in applying public financing instruments and tries to draw the lessons to date: when and how to use the instruments, which instrument to select, and how to design and implement them. The wide range of financial instruments designed to support and catalyze clean energy investment over the last decade is truly remarkable. Such instruments include credit lines and risk guarantees designed to increase both the capacity and confidence of commercial banks for clean energy lending; dedicated funds and concessional financing mechanisms to kick-start new technologies; mezzanine and equity financing targeted at start-ups; small and medium enterprises and energy service companies; and various consumer financing instruments designed to lower the upfront costs of clean energy equipment. This report systematically reviews the successes and failures of innovative interventions and distills the lessons of applying them. This report is organized in following four parts: part one gives overview; part two focuses on financing energy efficiency; part three focuses on financing renewable energy; and part four focuses on clean energy financing case studies.	en
dc.identifier.doi	10.1596/978-1-4648-0020-7
dc.identifier.isbn	978-1-4648-0020-7
dc.identifier.other	10.1596/978-1-4648-0020-7
dc.identifier.uri	https://hdl.handle.net/10986/15934
dc.language.iso	en_US
dc.publisher	Washington, DC: World Bank
dc.relation.ispartofseries	Directions in Development--Energy and Mining;
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	clean energy
dc.subject	clean energy financing
dc.subject	climate change
dc.subject	climate change financing
dc.subject	climate change policy
dc.subject	commercial financing
dc.subject	energy efficiency
dc.subject	energy efficiency financing
dc.subject	public funds
dc.subject	renewable energy
dc.title	Unlocking Commercial Financing for Clean Energy in East Asia	en
dspace.entity.type	Publication
okr.crosscuttingsolutionarea	Climate Change
okr.date.disclosure	2013-09-19
okr.doctype	Publications & Research::Publication
okr.doctype	Publications & Research
okr.globalpractice	Macroeconomics and Fiscal Management
okr.globalpractice	Environment and Natural Resources
okr.globalpractice	Finance and Markets
okr.globalpractice	Energy and Extractives
okr.globalpractice	Energy and Extractives
okr.identifier.doi	10.1596/978-1-4648-0020-7
okr.identifier.report	81112
okr.language.supported	en
okr.region.administrative	East Asia and Pacific
okr.region.geographical	East Asia
okr.topic	Energy::Energy Production and Transportation
okr.topic	Environment::Climate Change Mitigation and Green House Gases
okr.topic	Environment::Environment and Energy Efficiency
okr.topic	Environment::Environmental Economics & Policies
okr.topic	Finance and Financial Sector Development::Access to Finance
okr.topic	Macroeconomics and Economic Growth::Climate Change Economics
okr.unit	China & Mongolia Sustainable Dev (EASCS)
relation.isSeriesOfPublication	706db16a-e556-46f0-8283-1b4a4b88645c
relation.isSeriesOfPublication.latestForDiscovery	706db16a-e556-46f0-8283-1b4a4b88645c