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Financing the Global Energy Transformation: Institutional Capital



The rapid development of renewable energy technologies in recent years puts a vital goal within our grasp. The sustainable energy system of the future could meets the pressing need for decarbonisation, thus contributing to the achievement of globally agreed socio-economic development goals and laying the foundations for a decent future for coming generations. This report provides a realistic roadmap toward these goals. In so doing, it looks beyond employment and global domestic product (GDP) to provide a composite welfare indicator based on a model that integrates energy, the economy, and the environment. Its results can inform energy system planning, economic policy making, and policies undertaken to ensure a just and inclusive energy transition at the global, regional and national level.


This publication and the material herein are provided “as is”. All reasonable precautions have been taken by IRENA to verify the reliability of the material in this publication. However, neither IRENA nor any of its officials, agents, data or other third-party content providers provides a warranty of any kind, either expressed or implied, and they accept no responsibility or liability for any consequence of use of the publication or material herein.

The information contained herein does not necessarily represent the views of the all Members of IRENA. The mention of specific companies or certain projects or products does not imply that they are endorsed or recommended by IRENA in preference to others of a similar nature that are not mentioned. The designations employed, and the presentation of material herein, do not imply the expression of any opinion on the part of IRENA concerning the legal status of any region, country, territory, city or area or of its authorities, or concerning the delimitation of frontiers or boundaries.


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