Unlocking Finance for Clean Energy: The Need for 'Investment Grade' Policy

This report investigates the renewable energy policy characteristics required to harness scaled-up private capital flows for renewable energy development. The author argues for "investment grade" renewable energy policy. Specifically, investors must be confident in a government's commitment to maintaining any investment-friendly renewable energy polices; policy must be well designed and precise, rather than an overarching such as a carbon price; and renewable energy policies should be embedded within wider energy policy.