The Addressing Off-Taker Risk in Renewable Projects in India: A Framework for Designing a Payment Security Mechanism as a Credit Enhancement Device technical paper presents a payment security mechanism that aims to enhance the credit quality of renewable energy projects in India by providing protection against defaults/delays in payment obligations due towards a project.
The following essay outlines a practical proposal to consider simultaneously the issues of mitigation of carbon emissions, financial system stability, and global economic growth objectives.
This paper Scaling up Rooftop Solar Power in India: The Potential of Solar Municipal Bonds proposes the use of municipal bonds to support the scale-up of rooftop solar in India, and details how such bonds could be designed and implemented.
Making Waves: Aligning the Financial System with Sustainable Development is the final, global report of the Inquiry into the Design of a Sustainable Financial System (UN Inquiry). The report reviews the Inquiry’s core analysis, summarizes progress made in aligning the financial system with sustainable development between 2014 and 2017, reflects on the lessons that can be learned from the Inquiry’s approach, and highlights what still needs to be done and what success could look like. It finds real signs that a shift to a sustainable financial system is well under way.
The Belt and Road Initiative (BRI) offers both opportunities and risks for investors, for sustainable development, and for natural resources. Financial institutions have a key role to play to ensure that its programmes and projects are delivered in ways that invest in and enhance natural capital and ensure a net gain for the environment. This report provides recommendations to the finance sector in three main areas: (i) Integrating sustainability in infrastructure decisionmaking; (ii) Demonstrating the sustainable business opportunity; and (iii) Scaling up sustainable infrastructure.