Climate finance continues to be the central issue in how the global community proposes to follow through with implementation of the Paris Agreement.

This study aims to understand the role of public finance instruments for clean energy and identify opportunities to optimize them to spur private investment in Indonesia.

Access to sustainable energy underpins many aspects of a healthy, sustainable economy. It is a child’s ability to turn on lights to study at night and connect to the internet, a family’s ability to cook indoors without inhaling smoke, and a business’s ability to operate and grow, creating jobs and opportunities.

India, under the Intended Nationally Determined Contribution (INDC), has set an ambitious target to achieve installed capacity of 175GW of renewable energy by 2022, including 100GW of solar power. Of that, the government aims for 60 GW to be utility-scale solar, and the rest to be rooftop solar.

There is broad consensus that limiting global warming to well below 2 degrees Celsius requires a peak in carbon emissions by 2020, a stable and steep decline through 2050, and close to net-zero emissions after mid-century.

Low access to debt capital remains one of the key barriers to achieving the Indian government’s target of 40GW of rooftop solar installations by 2022.

This report examines macroeconomic impacts of India’s renewable energy pathway. By establishing the relationship – negative, positive, or neutral – between key macroeconomic factors and renewable energy, the report examines the opportunities to meet economic and clean energy targets simultaneously.

This report examines the challenge of managing India’s renewable energy growth with increased flexibility in the system. This component specifically tries to address the dual issue of flexibility and stranded assets and looks at the plausibility of using existing coal-based power plants as flexibility reserves.

India’s economy is growing rapidly, and with it, so is energy demand. The IEA-IEO (2015) estimates that India’s aggregate energy consumption will more than double by 2040. The Government of India plans to install 175 GW of renewable energy projects by 2022 and 275 GW by 2027.

As governments and development finance institutions scale up delivery of climate finance commitments, the question of how to measure and ensure additionality becomes increasingly important.

Pages