Higher cost of finance exacerbates a climate investment trap in developing economies

June 30, 2021 Ali Anwar

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