A massive scaling up of investment is essential in emerging and developing economies if rising demand for energy services is to be met sustainably and climate targets are to be reached. The increase in clean energy spending in emerging and developing economies required this decade to achieve universal energy access and limit global warming to 1.5 °C, goes far beyond the capacity of public financing alone. The situation demands an unprecedented mobilisation of private capital.
This special report from the International Energy Agency (IEA) and International Finance Corporation (IFC) will provide major new analysis on these key issues, offering data, insights, and ways forward on the world’s clean energy financing challenge.
The report will be released online on 21 June and then officially launched on 22 June at a special event at the Summit for a New Global Financing Pact in Paris.