The paper Scale and Sustainability: Toward a Public-Private Paradigm in Powering India assesses the Decentralised Renewable Energy (DRE) market by looking at the supply, demand and framework conditions for the sector and spells out potential approaches to levelling the playing field.
The Uttar Pradesh cabinet has approved the Solar Energy Policy, 2017, under which the state aims to achieve 10,700 MW of solar power capacity by 2022, which could help reduce 13.6 million tonnes of carbon dioxide.
Inadequate power supply in sub-Saharan Africa (SSA) means that only 37 per cent of sub-Saharan Africans have access to electricity. Those with access are prone to experience problems with regular power outages. In many sub- SSA countries, electricity access rates are decreasing because electrification efforts are slower than population growth.
Nationally Determined Contributions (NDCs) are a cornerstone of the Paris Agreement on climate change. They set out the actions that countries plan to undertake to achieve the agreement’s objectives, focused on limiting the rise in average global temperatures to well below 2°C, ideally to 1.5 °C.
Developing countries can meet climate targets promised in the landmark Paris Agreement by catalyzing trillions of dollars in private investments through a combination of smart policy reforms and innovative business models, according to Creating Markets for Climate Business, a new report by IFC.