Jonathan Elkind
Jonathan Elkind is a fellow and senior research scholar at the Center on Global Energy Policy. Previously, from 2009 to 2017, he worked on international energy and climate issues at the United States Department of Energy, helping to coordinate energy policy in the Obama Administration. He departed DOE as Assistant Secretary for International Affairs.
Overcoming the Currency Mismatch to Finance Clean Energy in Developing Countries
Policy Note | Scaling Clean Energy through Climate Finance Innovation
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.
