Cross Border Investment in Geothermal Energy and International Funding Sources

Hilmar Þór Hilmarsson
Additional contact information
Hilmar Þór Hilmarsson: University of Akureyri, Iceland

Journal of Applied Management and Investments, 2015, vol. 4, issue 2, 89-96

Abstract: As the global economy grows, so does the demand for energy. Investment in clean energy projects is increasingly important to help meet these growing energy needs. Clean energy projects are also important for environmental reasons and as part of the battle against climate change. Many clean energy sources in the world are located in developing countries, including emerging market economies. Investors in developing countries are normally faced with higher risks than those investing in high income developed economies. Higher risks in turn reduce capital flows to developing countries. This article focuses on investments in geothermal energy. It discusses the characteristics of developing countries, the risk faced by geothermal energy investors and possible instruments for funding and risk mitigation, including those offered by international financial institutions (IFIs) and export credit agencies (ECAs).

Keywords: geothermal energy; developing counties; emerging markets; cross-border trade; investment; funding; risk mitigation (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.jami.org.ua/Papers/JAMI_4_2_89-96.pdf (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ods:journl:v:4:y:2015:i:2:p:89-96

Access Statistics for this article

Journal of Applied Management and Investments is currently edited by Anatoliy G. Goncharuk

More articles in Journal of Applied Management and Investments from Department of Business Administration and Corporate Security, International Humanitarian University Contact information at EDIRC.
Bibliographic data for series maintained by Anatoliy G. Goncharuk ().