By Davida Wood, with Shantanu Dixit (Prayas, India), Chuenchom Sangarasri Greacen (Palang Thai, Thailand), Asclepias Indriyanto (Indonesian Institute for Energy Economics, Indonesia), Bharath Jairaj, Antonio La Vina (Ateneo School of Government, Philippines), and Fabby Tumiwa (Institute for Essential Services Reform, Indonesia) on June 21, 2011
As feed-in tariffs gain traction as a policy mechanism of choice, we must keep in mind the bigger picture of the financial health of developing country electricity sectors.
Recently, the Intergovernmental Panel on Climate Change (IPCC) released a comprehensive study on renewable energy, entitled Special Report on Renewable Energy Sources and Climate Change Mitigation. The report finds that by 2050, nearly 80 percent of the world’s energy supply could be provided by renewable energy sources. WRI Analyst Lutz Weischer, who works on renewable energy policies, sat down to talk about the report’s implications.
Developing countries are expecting billions of dollars to fund a clean energy transformation. How can they ensure this money is spent in the public interest?