Financing Renewable Energy: Options for Developing Financing Instruments Using Public Funds

This paper assists policy makers in low-income countries (LICs) to develop and apply financing instruments (funded from public and concessionary sources) to scale up the deployment of renewable energy technologies (RETs). The paper has been prepared under the Scaling Up Renewable Energy Program (SREP) in Low Income Countries, one of the Climate Investment Funds (CIFs) administered jointly by the World Bank Group (WBG) and regional development banks. The findings here, however, are applicable more broadly than in the focus countries and areas of the SREP.