Posted by Ali Anwar on
Higher cost of finance exacerbates a climate investment trap in developing economies
Date of Publication: June 30, 2021
Author: Nadia Ameli, Olivier Dessens & Michael Grubb
Summary:
Access to low cost finance is vital for developing economies’ transition to green energy. Here the authors show how modelled decarbonization pathways for developing economies are disproportionately impacted by different weighted average cost of capital (WACC) assumptions.Link to Full Reading:
https://www.nature.com/articles/s41467-021-24305-3
