Renewable energy finance: Institutional capital

Large institutions such as investment banks, insurance companies, and pension funds are a vital source of capital for the transformation of the global energy system. Governments and the private sector need to work together to mobilise institutional capital for renewable energy investment.

This brief from the International Renewable Energy Agency (IRENA) provides actionable recommendations to harness institutional investment. Policies and regulations, institutional capacity and country-level barriers to renewable energy development all need to be addressed.

An immense shift is needed in the allocation of financial capital to drive the world’s transition to a low-carbon economy. IRENA has produced concise briefs on key investment vehicles and new business models for renewable energy finance.

Other briefs in the series to date:

• Sovereign guarantees
• Green bonds