Policy Derisking for Renewable Energy
12 June 2013
View Webinar Content
Presentation: Introduction to the webinar and panelists
Presentation—Oliver Waissbein: Derisking Renewable Energy Investment
Presentation—Djaheezah Subratty: Best Practice Design in Feed-in Tariffs (FITs)
Transcript—Webinar audio transcript
In this webinar, the Clean Energy Solutions Center, in partnership with expert practitioners from UNDP, UNEP and the South African Energy Development Institute, shared experiences and lessons learned in deploying policy derisking instruments to promote renewable energy investment.
Around the world, developing countries are seeking to scale-up investment in renewable energy. Rather than a problem of capital generation, the key challenge of funding this transition is to address the investor risks that can affect the financing costs and competitiveness of renewable energy in developing countries.
The need to address these investor risks has inspired the development of a wide variety of public instruments. However, these public instruments can come at a cost – to industry, consumers or the tax-payer. Policymakers face the challenge of designing packages of public instruments which can effectively and efficiently catalyze investment.
To this end, UNDP has recently issued a report, Derisking Renewable Energy Investment, with an accompanying financial tool that introduces an innovative framework to assist policymakers to quantitatively compare different public instruments and their cost-effectiveness.
Topics and Panelists
Selecting and Quantifying the Impacts of Public Instruments
Oliver Waissbein, UNDP
Best-practice Design in Feed-in Tariffs (FITs)
Djaheezah Subratty, UNEP
Lessons Learned From Promoting Wind Energy in South Africa
Andre Otto, South African National Energy Development Institute (SANEDI)