Chandra Shekhar Sinha

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Chandra Shekhar Sinha is an Adviser in the Climate Change Group at the World Bank. He was a part of the design team for the Prototype Carbon Fund though which carbon finance was established at the World Bank. Previously, he worked at JPMorgan, TERI-India, UNDP, and the Kennedy School of Government at Harvard University.

Philippe Benoit

Nov 10 2022

Early Coal Retirement: How about a Global Auction

Illuminem Voices

Mining & Metals · Energy Sources

Climate change is a global challenge affected by GHG emissions from anywhere. We need to reduce emissions from coal power generation and that requires some program to encourage and entice owners to shutter their plants. A global auction, conducted by the United Nations or a similar international organization, would help to identify opportunities where willing plant owners and interested funders can make a deal.

Policy Note | Scaling Clean Energy through Climate Finance Innovation

Philippe Benoit

Oct 17 2022

Policy Note | Scaling Clean Energy through Climate Finance Innovation

Climate Change

Transitioning to a low-carbon energy future consistent with the goals of the Paris Agreement requires trillions of dollars of additional investment in the Global South. Most of this investment will need to be in domestic-oriented projects, generating local currencies and creating domestic development opportunities. However, local capital alone will not be enough, and significant amounts of foreign investments in the form of debt or equity will play a critical role.

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Philippe Benoit

Oct 17 2022