Philippe Benoit
Climate Change · Sustainable Finance
#798
overall
Philippe Benoit
Overcoming the Currency Mismatch to Finance Clean Energy in Developing Countries
Meeting our climate change goals will require massive investments in clean energy projects, in both advanced economies and across the Global South. But financing projects in the latter group of countries requires an increase in foreign capital inflows that will be constrained by currency exchange rate risk. Creating an innovative Exchange Rate Coverage Facility can help to overcome this constraint.
Philippe Benoit
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.
Recent publications
Readers also like
illuminem briefings
Mitigation
Michael Wright
Agriculture
Charlene Norman
Sustainable Business
Vincent Ruinet
Power Grid
David Carlin
Climate Change
Simon Heppner
Effects
illuminem
Climate Change
Aniella Niyondiko
Climate Change
Elizabeth Markevitch
Climate Change
Maha Sheikh
Climate Change
Bruno Ferreira
Climate Change
Kristy Drutman
Climate Change
Buğra Avcı
Climate Change
Stutilina Pal
Climate Change
Amar Baatartsogt
Climate Change
Viviane Bondoma
Climate Change
Maggie Bukowa
Climate Change
Fiona Pelham
Climate Change
Constanza Gomez Mont
Climate Change
Ana Lucía Encinas
Climate Change
Gilles Vermot Desroches
Climate Change
Rafael Pástor
Climate Change
Richard Kachungu
Climate Change
Gayathri Vasudevan
Climate Change
Kadiatu A. Sheriff
Climate Change
Errachid Montassir
Climate Change
Marie Claire Cordonier-Segger
Climate Change
Basima Abdulrahman
Climate Change
Ederval Antonio
Climate Change
Ramil Azmammadov
Climate Change
Angela Chaudhuri
Climate Change
Maryam Bello
Climate Change
Sheela Patel
Climate Change
Sellah Bogonko
Climate Change
Nora Cabrera Velasco
Climate Change
Pablo Castellanos Ramelli
Climate Change
Franny Collingham
Climate Change
Annika Degen
Climate Change
Sebastian Groh
Climate Change
Gator Halpern
Climate Change
David Aaron Henry
Climate Change
Reyhan Jamalova
Climate Change
Shelly Kerketta
Climate Change
Michael Kakande
Climate Change
Fany Kiuru
Climate Change
Deepa Lama
Climate Change
Bushe Matis
Climate Change
Nduka Miracle
Climate Change
Khaled Noby Mohamed
Climate Change
Clara Molteni
Climate Change
Zeinaba Narabene
Climate Change
Rudy Ortega, Jr.
Climate Change
Anna Pavan
Climate Change
Ragy Ramadan
Climate Change
Gilberto Ribeiro de Oliveira Filho
Climate Change
Vasco Salvador Cossa
Climate Change
Rajesh Shah
Climate Change
Neal Spackman
Climate Change
Kilino Stojkov
Climate Change
Jessica Nga Tran
Climate Change
Miguel A. Torres
Climate Change
Lynn von Koch-Liebert
Climate Change
Diana Alejandra García Najera
Climate Change
Andrea Gori
Climate Change
Lukas May
Carbon Market
Tobias Rossi
Minerals
Alveena Jadoon
Public Governance
Olaoluwa John Adeleke
Human Rights
Kevin Trenberth
Climate Change
Gokul Shekar
Energy Transition
Aparna Kumar
AI
Philipp Petry
AI
