Research and analysis

Policy risk in renewable energy investments in developing countries - a study by Cambridge Economic Policy Associates for DECC

Options to address 바카라 사이트˜policy risk바카라 사이트™, such as retroactive changes to feed-in tariffs, in renewable energy investments in developing countries.

• From: Department of Energy & Climate Change
• Published: 28 November 2014

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The UK바카라 사이트™s Capital Markets Climate Initiative highlighted 바카라 사이트˜policy risk바카라 사이트™ as a potential barrier to renewable energy investment in developing countries. 바카라 사이트˜Policy risk바카라 사이트™ refers to policy changes by government that can affect the financial viability of projects, such as retroactive changes to feed-in tariffs.

DECC subsequently funded a study into options to address policy risk, focusing on renewable energy projects in Africa and Asia. The study assesses the extent to which policy risk deters investors, identifies existing mechanisms that can mitigate policy risk (such as partial risk guarantees and political risk insurance), and make recommendations to improve these mechanisms.

The study was carried out in the context of developed countries바카라 사이트™ commitment to mobilise climate finance for developing countries. The UK provides climate finance through the £3.87 billion International Climate Fund. The study was carried out by Cambridge Economic Policy Associates (CEPA).

Published 28 November 2014