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Financing renewable energyOptions for Developing Financing Instruments Using Public Fundsin collaboration with African Development Bank, Asian Development Bank, European Bank for Reconstruction & Development, Inter-American Development Bank, International Finance CorporationiiiCONTENTSC ontentsAcknowledgments ..vPreface ..viiIntroduction ..ixOBJECTIVE ..ixAPPROACH ..ixOVERVIEW ..ix1 Why the Choice of Financial Instruments Matters ..12 Identifying the Risks and Barriers .. OVERVIEW .. Financing BARRIERS .. RISKS OF RET PROJECTS .. THE SIGNIFICANCE OF TECHNOLOGY ..93 Financial Instruments .
FINANCING RENEWABLE ENERGY PREFACE vii Preface T o create new economic opportunities, increase energy access, and reduce carbon emissions, the governments of many low-income countries have embarked on the path to low-carbon develop-
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