Ottinger, Richard L.; Bowie, John --- "Innovative financing for renewable energy" [2016] ELECD 801; in Jaria i Manzano, Jordi; Chalifour, Nathalie; Kotzé, J. Louis (eds), "Energy, Governance and Sustainability" (Edward Elgar Publishing, 2016) 125

Book Title: Energy, Governance and Sustainability

Editor(s): Jaria i Manzano, Jordi; Chalifour, Nathalie; Kotzé, J. Louis

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781785368110

Section: Chapter 7

Section Title: Innovative financing for renewable energy

Author(s): Ottinger, Richard L.; Bowie, John

Number of pages: 22

Abstract/Description:

Renewable energy holds great promise for solving the world’s energy needs with minimal climate change and pollution consequences. While renewable energy is the fastest growing type of energy production, the prospects for it to displace fossil fuels are seriously inhibited by the high first/capital cost of renewable energy infrastructure. Despite these challenges, the global renewable energy market is rapidly growing. Advances in renewable energy technologies, novel financial instruments and evolving mobile communication technologies have spurred creative upfront financing for renewable energy infrastructure. This chapter will describe many of these innovative financing programmes and will provide examples of their successful utilization.