Policy Brief / Energy
Financing the transition to renewable energy in the European Union, Latin America and the Caribbean
• The transition to more sustainable energy systems has a variety of relevant implications for the EU and LAC countries. This study will show that, in order to develop renewable technologies, special attention needs to be paid to the financing challenges faced by investment in these new technologies.
• Given the variety of investment conditions across countries, including different characteristics of financial markets, there is no one-size-fits-all solution. Nonetheless, this study aims at drawing lessons from the experiences already implemented and identify fundamental elements of the way forward.
This policy brief precedes a report developed for the EU-LAC Foundation and it summarizes its main findings.
Michelle Hallack (Florence School of Regulation and Faculty of Economics, Fluminense Federal University), Gustavo Andreão (Faculty of Economics, Fluminense Federal University), Alberto Tomelin (Faculty of Economics, Fluminense Federal University), Felipe Botelho (Economics Institute, Federal University of Rio de Janeiro), Yannick Perez (Chaire Armand Peugeot, CentraleSupelec) and Matteo di Castelnuovo (IEFE, Bocconi University) are co-authors of the study.
Tags: renewable energy