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Funding and Risk Mitigation for Cross Border Clean Energy Investment in Developing and Emerging Economies - Some Cases

Hilmar ?ór Hilmarsson ()
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Hilmar ?ór Hilmarsson: University of Akureyri, School of Business and Science, Iceland

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2017, vol. 18, issue 2, 183-199

Abstract: In spite of all the discussion and alarming reports about climate change, the clean energy portfolio of international financial institutions (IFIs) still remains small. This article discusses some cases of clean energy investment in developing and emerging market economies. This includes geothermal cases from Indonesia, Kenya and Turkey and hydropower cases from Lao and Uganda. These cases represent an effort to build new infrastructure to generate electric power without carbon dioxide emissions and is thus part of the global battle against climate change; for a cleaner environment and a healthier environment. The project cases discussed in this article are important because they demonstrate how clean energy projects have been structured in various countries and continents, often under challenging circumstances. The cases also show innovative use of the funding and risk mitigation instruments offered by international financial institutions, including the World Bank Group as well as regional development banks.

Keywords: clean energy investments; climate change; international financial institutions. (search for similar items in EconPapers)
JEL-codes: F30 G22 P18 Q40 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:18:y:2017:i:2:p:183-199

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