Indonesia is mulling a novel approach to supporting renewable energy development that could replace donor and government funds with private investment. The annual investment required to achieve energy transition on a global scale is projected to be hundreds of billions of dollars each year. The challenge of meeting this demand has inspired the development of several innovative financial concepts in recent years.
A new renewable energy finance concept being developed by FMO, the Dutch Ministry of Economic Affairs, Agriculture and Innovation’s NL Agency, and the Indonesian government would forgo the use of aid funds and would instead seek to attract private sector investment using the prospect of increasing fossil fuel prices.
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Publication in Environmental Finance magazine, the leading global publication covering the ever-increasing impact of environmental issues on the lending, insurance, investment and trading decision affecting industry.
http://www.environmental-finance.com/
