The Asia and Pacific region is expected to play a crucial role in tackling climate change as it is responsible for about half of the current global carbon emissions. Many countries have already announced contributions toward implementing greenhouse gas mitigation under the Paris Climate Agreement. Major economies like Japan, China and South Korea have recently announced that they aim to achieve net zero emissions around the middle of this century, while several other countries in the region are considering similar targets.
Financing Clean Energy in Developing Asia reviews existing financing options and approaches for clean energy, and includes country examples of how these have been applied. Innovative solutions for mobilizing private finance and managing risks associated with clean energy investments are also discussed. The book is the first of two volumes that look at various approaches and instruments that have been tried, tested and utilized to scale up clean energy development in the region.
The book also aims to provide an up-to-date account of the financing approaches, policies and business models available for the development of clean energy resources. These are complemented by appropriate examples of clean energy projects and programmes from developing countries in the region.