The Addressing Off-Taker Risk in Renewable Projects in India: A Framework for Designing a Payment Security Mechanism as a Credit Enhancement Device technical paper presents a payment security mechanism that aims to enhance the credit quality of renewable energy projects in India by providing protection against defaults/delays in payment obligations due towards a project.
Climate Policy Initiative (CPI), Stockholm Environment Institute (SEI)
This paper Scaling up Rooftop Solar Power in India: The Potential of Solar Municipal Bonds proposes the use of municipal bonds to support the scale-up of rooftop solar in India, and details how such bonds could be designed and implemented.
International Renewable Energy Agency (IRENA), Climate Policy Initiative (CPI)
The landscape of renewable energy finance has evolved rapidly. Since 2012, renewable power capacity installations have exceeded non-renewables by a rising margin, representing about 60% of all new power-generating capacity added worldwide in 2016.
This report provides recommendations on the design and distribution of policymakers and development finance institutions' policy and financing tools to enable fast and cost-effective deployment of geothermal in developing countries.