Finance Mechanisms for Lowering the Cost of Renewable Energy in Rapidly Developing Countries

This series of three briefs explores potential mechanisms for lowering the cost of renewable energy financing in emerging economies. The first one explores partial indexation of renewable energy tariffs to foreign currencies as a mechanism for attracting and lowering the cost of foreign debt financing for renewable energy projects. The second brief discusses how and why concessional debt could be a more cost-effective way of incentivizing energy infrastructure and renewable energy. The final brief discusses the set of implementation options facing policymakers implementing a concessional debt program.