The landscape of development finance is changing rapidly. Traditionally, international financial flows moved from developed countries to developing countries. In the last decade, however, major emerging economies such as China and Brazil have fueled a growing trend of South-South development flows by increasingly channeling their overseas investments to other developing countries.
This working paper identifies key components of smart renewable
energy policy in developing countries, focusing on
the power sector. It also provides recommendations
for maximizing the effectiveness of international
support for deployment of renewable energies,
drawn from these on-the-ground experiences in
The Two Degrees of Innovation project works with researchers, engineers, policymakers and other practitioners to create the conditions for global innovation in clean energy, from research to deployment.