Access to financing is a major challenge for Asia’s energy transition, but momentum is growing in the region around the role of carbon credits as a tool for decarbonization.
The workshop contributed in enhancing the capacities of local stakeholders in SIDS in structuring renewable energy project financing deals, and eventually increase the number of projects that are financed in SIDS.
Francesco La Camera, director-general of the International Renewable Energy Agency, discusses the state of progress in investments in renewable energy technology.
The event highlighted the essential mechanisms for attracting energy transition financing and provide insights into the financial instruments currently generating profits in clean energy projects.
Under the International Renewable Energy Agency’s (IRENA) Energy Transition Accelerator Financing (ETAF) platform, Masdar and the Asian Infrastructure Investment Bank (AIIB) have agreed to commit capital to three solar projects in Uzbekistan.
Transition finance, instruments that fund emission reduction projects by companies in carbon-intensive industries, will grow in importance because of massive funding gap and regulatory support in Asia, even as issuers face reputational risks, according to experts.
IRENA collaborates with the G20 Presidency of Indonesia in the development and implementation of G20...
The capacity building workshop was a national level, 2-days training that covered the theoretical aspect of climate investments and flows as well as the approaches and practices adopted to track and report these investments and financial flows.
This working paper provides a perspective on the changes needed for India to further accelerate the adoption of renewables, and achieve an affordable, secure, inclusive and environmentally friendly energy system that can address expanding energy demand and socio-economic needs.
Indonesia is the largest country in the Association of Southeast Asian Nations (ASEAN), accounting for around two fifths of the region’s energy consumption. Energy demand across the country’s more than 17,000 islands could increase by four fifths and electricity demand could triple between 2015 and 2030.