Assessing the Investment Climate for Climate Investments : A Comparative Framework for Clean Energy Investments in South Asia in a Global Context

One of the strong messages that came out of the recent United Nations Climate Change conference in Durban was that the private sector has to play an important role if we are to globally move toward a low carbon, climate resilient -- or "climat...

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Main Author: Mani, Muthukumara S.
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
AIR
CO
CO2
GHG
OIL
PP
TAX
Online Access:http://documents.worldbank.org/curated/en/2012/09/16773876/assessing-investment-climate-climate-investments-comparative-framework-clean-energy-investments-south-asia-global-context
http://hdl.handle.net/10986/12032
id okr-10986-12032
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AIR
ALTERNATIVE ENERGY
ALTERNATIVE ENERGY DEVELOPMENT
APPLIANCE STANDARDS
APPROACH
APPROPRIATE TECHNOLOGY
AQUIFERS
AVAILABILITY
BALANCE
BATTERIES
BIOMASS
BIOMASS POWER
BIOMASS ­ GASIFICATION
CAPITAL COST
CAPITAL COSTS
CARBON
CARBON EMISSIONS
CARBON ENERGY
CARBON TECHNOLOGIES
CARBON TRADING
CLEAN DEVELOPMENT MECHANISM
CLEAN ENERGY
CLEAN ENERGY TECHNOLOGIES
CLEAN ENERGY TECHNOLOGY
CLEAN TECHNOLOGIES
CLEAN TECHNOLOGY
CLIMATE
CLIMATE CHANGE
CLIMATE RISK MANAGEMENT
CLIMATE VARIABILITY
CLIMATES
CLOUD COVER
CO
CO2
COAL
COMBUSTION
COMMERCIAL BANKS
COMPARATIVE ANALYSIS
COMPLIANCE COSTS
CONDITIONERS
CONSTRUCTION COST
CONSTRUCTION MATERIALS
CONVENTIONAL ENERGY
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DIESEL
DIESEL GENERATORS
DIFFUSION
DISCOUNT RATES
DISTRIBUTION LOSSES
DISTRIBUTION OF ELECTRICITY
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMICS
ELECTRIC POWER
ELECTRIC POWER GENERATION
ELECTRIC UTILITIES
ELECTRIC VEHICLES
ELECTRICITY
ELECTRICITY BILLS
ELECTRICITY GENERATION
ELECTRICITY PRICES
ELECTRICITY SUPPLY
EMERGING MARKETS
EMISSION
EMISSION TARGETS
EMISSIONS ABATEMENT
EMISSIONS TARGETS
EMPIRICAL EVIDENCE
EMPLOYMENT
ENABLING ENVIRONMENT
ENABLING ENVIRONMENTS
ENERGY CONSERVATION
ENERGY CONSUMPTION
ENERGY COSTS
ENERGY DEMAND
ENERGY ECONOMICS
ENERGY EFFICIENCY
ENERGY EFFICIENCY STANDARDS
ENERGY MARKET
ENERGY POLICIES
ENERGY POLICY
ENERGY PRODUCTS
ENERGY SAVINGS
ENERGY SECURITY
ENERGY TAXES
ENERGY USAGE
ENERGY USE
ENVIRONMENTAL
ENVIRONMENTAL BENEFITS
ENVIRONMENTAL ECONOMICS
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL REGULATION
ENVIRONMENTS
EXCHANGE RATE
EXTERNALITIES
FEEDSTOCK
FINANCIAL ASSISTANCE
FINANCIAL CRISIS
FINANCIAL INCENTIVES
FINANCIAL SECTOR
FINANCIAL SUPPORT
FIXED COSTS
FOREIGN EXCHANGE
FOREIGN INVESTMENT
FOREIGN INVESTORS
FORESTRY
FORESTS
FOSSIL
FOSSIL FUEL
FOSSIL FUEL IMPORTS
FOSSIL FUELS
GENERATION
GHG
GLOBAL ENVIRONMENT FACILITY
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GAS REDUCTIONS
HEAT
HEAT RECOVERY
HIGH ENERGY INTENSITY
HIGHER ENERGY PRICES
HOST COUNTRIES
HYDRO POWER
HYDROPOWER
INCOME
INDUSTRIAL WASTE
INSURANCE
INTELLECTUAL PROPERTY
INTEREST RATE
INTERNATIONAL BANK
INTERNATIONAL FINANCE
INVESTMENT ACTIVITY
INVESTMENT CLIMATE
INVESTMENT CLIMATES
INVESTMENT DECISIONS
INVESTMENT RISK
IRRADIATION
LOW-CARBON
MACROECONOMIC STABILITY
MACROECONOMIC VARIABLES
MARKET CONDITIONS
MARKET FAILURE
MARKET FAILURES
MARKET PRICES
MATURITY
MINERAL RESOURCES
OIL
ONSHORE WIND
OPPORTUNITY COSTS
PENALTIES
PERFORMANCE STANDARDS
POLICY ENVIRONMENT
POLICY INSTRUMENTS
POLICY MAKERS
PORTFOLIO
POTENTIAL INVESTORS
POWER
POWER GENERATION
POWER INVESTMENTS
POWER PLANT
POWER PLANTS
POWER PRODUCER
POWER PRODUCERS
POWER PROJECT
POWER PURCHASE AGREEMENTS
POWER SECTOR
POWER SOURCES
PP
PRIVATE INVESTMENT
PUBLIC GOOD
PUBLIC UTILITIES
PURCHASING POWER
RAW MATERIAL
RAW MATERIALS
REAL ESTATE
REGULATORY FRAMEWORK
RENEWABLE ENERGY
RENEWABLE ENERGY DEVELOPMENT
RENEWABLE ENERGY SUPPLY
RENEWABLE PORTFOLIO STANDARDS
RENEWABLE POWER
RENEWABLE SOURCES
RENEWABLE TECHNOLOGIES
RISK MANAGEMENT
RULE OF LAW
SILICON
SMALLER TURBINES
SOLAR CELLS
SOLAR ENERGY
SOLAR PANELS
SOLAR POWER
SOLAR PROJECTS
SOLAR RADIATION
SOLAR SYSTEMS
SOURCE OF ENERGY
STREAMS
SURPLUS POWER
SUSTAINABLE DEVELOPMENT
SUSTAINABLE ENERGY
TARIFF STRUCTURE
TAX
TAX CREDITS
TAX EXEMPTIONS
TAX INCENTIVES
TECHNOLOGICAL CHANGE
TOTAL COST
TRANSMISSION FACILITIES
TRANSMISSION LINES
UNEP
UTILITIES
UTILIZATION OF RENEWABLE ENERGY RESOURCES
VOLTAGE
WIND
WIND ENERGY
WIND EQUIPMENT
WIND POWER
WIND POWER CAPACITY
WIND POWER GENERATION
WIND SPEED
WIND SPEEDS
WIND TURBINES
spellingShingle AIR
ALTERNATIVE ENERGY
ALTERNATIVE ENERGY DEVELOPMENT
APPLIANCE STANDARDS
APPROACH
APPROPRIATE TECHNOLOGY
AQUIFERS
AVAILABILITY
BALANCE
BATTERIES
BIOMASS
BIOMASS POWER
BIOMASS ­ GASIFICATION
CAPITAL COST
CAPITAL COSTS
CARBON
CARBON EMISSIONS
CARBON ENERGY
CARBON TECHNOLOGIES
CARBON TRADING
CLEAN DEVELOPMENT MECHANISM
CLEAN ENERGY
CLEAN ENERGY TECHNOLOGIES
CLEAN ENERGY TECHNOLOGY
CLEAN TECHNOLOGIES
CLEAN TECHNOLOGY
CLIMATE
CLIMATE CHANGE
CLIMATE RISK MANAGEMENT
CLIMATE VARIABILITY
CLIMATES
CLOUD COVER
CO
CO2
COAL
COMBUSTION
COMMERCIAL BANKS
COMPARATIVE ANALYSIS
COMPLIANCE COSTS
CONDITIONERS
CONSTRUCTION COST
CONSTRUCTION MATERIALS
CONVENTIONAL ENERGY
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DIESEL
DIESEL GENERATORS
DIFFUSION
DISCOUNT RATES
DISTRIBUTION LOSSES
DISTRIBUTION OF ELECTRICITY
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMICS
ELECTRIC POWER
ELECTRIC POWER GENERATION
ELECTRIC UTILITIES
ELECTRIC VEHICLES
ELECTRICITY
ELECTRICITY BILLS
ELECTRICITY GENERATION
ELECTRICITY PRICES
ELECTRICITY SUPPLY
EMERGING MARKETS
EMISSION
EMISSION TARGETS
EMISSIONS ABATEMENT
EMISSIONS TARGETS
EMPIRICAL EVIDENCE
EMPLOYMENT
ENABLING ENVIRONMENT
ENABLING ENVIRONMENTS
ENERGY CONSERVATION
ENERGY CONSUMPTION
ENERGY COSTS
ENERGY DEMAND
ENERGY ECONOMICS
ENERGY EFFICIENCY
ENERGY EFFICIENCY STANDARDS
ENERGY MARKET
ENERGY POLICIES
ENERGY POLICY
ENERGY PRODUCTS
ENERGY SAVINGS
ENERGY SECURITY
ENERGY TAXES
ENERGY USAGE
ENERGY USE
ENVIRONMENTAL
ENVIRONMENTAL BENEFITS
ENVIRONMENTAL ECONOMICS
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL REGULATION
ENVIRONMENTS
EXCHANGE RATE
EXTERNALITIES
FEEDSTOCK
FINANCIAL ASSISTANCE
FINANCIAL CRISIS
FINANCIAL INCENTIVES
FINANCIAL SECTOR
FINANCIAL SUPPORT
FIXED COSTS
FOREIGN EXCHANGE
FOREIGN INVESTMENT
FOREIGN INVESTORS
FORESTRY
FORESTS
FOSSIL
FOSSIL FUEL
FOSSIL FUEL IMPORTS
FOSSIL FUELS
GENERATION
GHG
GLOBAL ENVIRONMENT FACILITY
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GAS REDUCTIONS
HEAT
HEAT RECOVERY
HIGH ENERGY INTENSITY
HIGHER ENERGY PRICES
HOST COUNTRIES
HYDRO POWER
HYDROPOWER
INCOME
INDUSTRIAL WASTE
INSURANCE
INTELLECTUAL PROPERTY
INTEREST RATE
INTERNATIONAL BANK
INTERNATIONAL FINANCE
INVESTMENT ACTIVITY
INVESTMENT CLIMATE
INVESTMENT CLIMATES
INVESTMENT DECISIONS
INVESTMENT RISK
IRRADIATION
LOW-CARBON
MACROECONOMIC STABILITY
MACROECONOMIC VARIABLES
MARKET CONDITIONS
MARKET FAILURE
MARKET FAILURES
MARKET PRICES
MATURITY
MINERAL RESOURCES
OIL
ONSHORE WIND
OPPORTUNITY COSTS
PENALTIES
PERFORMANCE STANDARDS
POLICY ENVIRONMENT
POLICY INSTRUMENTS
POLICY MAKERS
PORTFOLIO
POTENTIAL INVESTORS
POWER
POWER GENERATION
POWER INVESTMENTS
POWER PLANT
POWER PLANTS
POWER PRODUCER
POWER PRODUCERS
POWER PROJECT
POWER PURCHASE AGREEMENTS
POWER SECTOR
POWER SOURCES
PP
PRIVATE INVESTMENT
PUBLIC GOOD
PUBLIC UTILITIES
PURCHASING POWER
RAW MATERIAL
RAW MATERIALS
REAL ESTATE
REGULATORY FRAMEWORK
RENEWABLE ENERGY
RENEWABLE ENERGY DEVELOPMENT
RENEWABLE ENERGY SUPPLY
RENEWABLE PORTFOLIO STANDARDS
RENEWABLE POWER
RENEWABLE SOURCES
RENEWABLE TECHNOLOGIES
RISK MANAGEMENT
RULE OF LAW
SILICON
SMALLER TURBINES
SOLAR CELLS
SOLAR ENERGY
SOLAR PANELS
SOLAR POWER
SOLAR PROJECTS
SOLAR RADIATION
SOLAR SYSTEMS
SOURCE OF ENERGY
STREAMS
SURPLUS POWER
SUSTAINABLE DEVELOPMENT
SUSTAINABLE ENERGY
TARIFF STRUCTURE
TAX
TAX CREDITS
TAX EXEMPTIONS
TAX INCENTIVES
TECHNOLOGICAL CHANGE
TOTAL COST
TRANSMISSION FACILITIES
TRANSMISSION LINES
UNEP
UTILITIES
UTILIZATION OF RENEWABLE ENERGY RESOURCES
VOLTAGE
WIND
WIND ENERGY
WIND EQUIPMENT
WIND POWER
WIND POWER CAPACITY
WIND POWER GENERATION
WIND SPEED
WIND SPEEDS
WIND TURBINES
Mani, Muthukumara S.
Assessing the Investment Climate for Climate Investments : A Comparative Framework for Clean Energy Investments in South Asia in a Global Context
geographic_facet South Asia
relation Policy Research Working Paper; No. 6211
description One of the strong messages that came out of the recent United Nations Climate Change conference in Durban was that the private sector has to play an important role if we are to globally move toward a low carbon, climate resilient -- or "climate compatible" -- future. However, private investment will only flow at the scale and pace necessary if it is supported by clear, credible, and long-term policy frameworks that shift the risk-reward balance in favor of less carbon-intensive investment. The private sector also needs information on where to invest in clean energy in emerging markets, and it needs policy support to lower investment risk. Barriers to low carbon investments often include unclear and inconsistent energy policies, monopoly structures for existing producers, stronger incentives for conventional energy than clean energy, and a domestic financial sector not experienced in new technologies. With the long-term goal of promoting and accelerating the implementation of climate mitigation technologies, this study aims to facilitate development of a policy framework for promoting sustainable investment climates for clean energy investments in South Asia and elsewhere. A key aspect of the study is also the pilot construction of the Climate Investment Readiness Index for several countries. The index is a tool to objectively evaluate the enabling environment for supporting private sector investment in select climate mitigation or low carbon technologies.
format Publications & Research :: Policy Research Working Paper
author Mani, Muthukumara S.
author_facet Mani, Muthukumara S.
author_sort Mani, Muthukumara S.
title Assessing the Investment Climate for Climate Investments : A Comparative Framework for Clean Energy Investments in South Asia in a Global Context
title_short Assessing the Investment Climate for Climate Investments : A Comparative Framework for Clean Energy Investments in South Asia in a Global Context
title_full Assessing the Investment Climate for Climate Investments : A Comparative Framework for Clean Energy Investments in South Asia in a Global Context
title_fullStr Assessing the Investment Climate for Climate Investments : A Comparative Framework for Clean Energy Investments in South Asia in a Global Context
title_full_unstemmed Assessing the Investment Climate for Climate Investments : A Comparative Framework for Clean Energy Investments in South Asia in a Global Context
title_sort assessing the investment climate for climate investments : a comparative framework for clean energy investments in south asia in a global context
publisher World Bank, Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2012/09/16773876/assessing-investment-climate-climate-investments-comparative-framework-clean-energy-investments-south-asia-global-context
http://hdl.handle.net/10986/12032
_version_ 1764418851379871744
spelling okr-10986-120322021-04-23T14:02:59Z Assessing the Investment Climate for Climate Investments : A Comparative Framework for Clean Energy Investments in South Asia in a Global Context Mani, Muthukumara S. AIR ALTERNATIVE ENERGY ALTERNATIVE ENERGY DEVELOPMENT APPLIANCE STANDARDS APPROACH APPROPRIATE TECHNOLOGY AQUIFERS AVAILABILITY BALANCE BATTERIES BIOMASS BIOMASS POWER BIOMASS ­ GASIFICATION CAPITAL COST CAPITAL COSTS CARBON CARBON EMISSIONS CARBON ENERGY CARBON TECHNOLOGIES CARBON TRADING CLEAN DEVELOPMENT MECHANISM CLEAN ENERGY CLEAN ENERGY TECHNOLOGIES CLEAN ENERGY TECHNOLOGY CLEAN TECHNOLOGIES CLEAN TECHNOLOGY CLIMATE CLIMATE CHANGE CLIMATE RISK MANAGEMENT CLIMATE VARIABILITY CLIMATES CLOUD COVER CO CO2 COAL COMBUSTION COMMERCIAL BANKS COMPARATIVE ANALYSIS COMPLIANCE COSTS CONDITIONERS CONSTRUCTION COST CONSTRUCTION MATERIALS CONVENTIONAL ENERGY DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DIESEL DIESEL GENERATORS DIFFUSION DISCOUNT RATES DISTRIBUTION LOSSES DISTRIBUTION OF ELECTRICITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMICS ELECTRIC POWER ELECTRIC POWER GENERATION ELECTRIC UTILITIES ELECTRIC VEHICLES ELECTRICITY ELECTRICITY BILLS ELECTRICITY GENERATION ELECTRICITY PRICES ELECTRICITY SUPPLY EMERGING MARKETS EMISSION EMISSION TARGETS EMISSIONS ABATEMENT EMISSIONS TARGETS EMPIRICAL EVIDENCE EMPLOYMENT ENABLING ENVIRONMENT ENABLING ENVIRONMENTS ENERGY CONSERVATION ENERGY CONSUMPTION ENERGY COSTS ENERGY DEMAND ENERGY ECONOMICS ENERGY EFFICIENCY ENERGY EFFICIENCY STANDARDS ENERGY MARKET ENERGY POLICIES ENERGY POLICY ENERGY PRODUCTS ENERGY SAVINGS ENERGY SECURITY ENERGY TAXES ENERGY USAGE ENERGY USE ENVIRONMENTAL ENVIRONMENTAL BENEFITS ENVIRONMENTAL ECONOMICS ENVIRONMENTAL PROTECTION ENVIRONMENTAL REGULATION ENVIRONMENTS EXCHANGE RATE EXTERNALITIES FEEDSTOCK FINANCIAL ASSISTANCE FINANCIAL CRISIS FINANCIAL INCENTIVES FINANCIAL SECTOR FINANCIAL SUPPORT FIXED COSTS FOREIGN EXCHANGE FOREIGN INVESTMENT FOREIGN INVESTORS FORESTRY FORESTS FOSSIL FOSSIL FUEL FOSSIL FUEL IMPORTS FOSSIL FUELS GENERATION GHG GLOBAL ENVIRONMENT FACILITY GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GAS REDUCTIONS HEAT HEAT RECOVERY HIGH ENERGY INTENSITY HIGHER ENERGY PRICES HOST COUNTRIES HYDRO POWER HYDROPOWER INCOME INDUSTRIAL WASTE INSURANCE INTELLECTUAL PROPERTY INTEREST RATE INTERNATIONAL BANK INTERNATIONAL FINANCE INVESTMENT ACTIVITY INVESTMENT CLIMATE INVESTMENT CLIMATES INVESTMENT DECISIONS INVESTMENT RISK IRRADIATION LOW-CARBON MACROECONOMIC STABILITY MACROECONOMIC VARIABLES MARKET CONDITIONS MARKET FAILURE MARKET FAILURES MARKET PRICES MATURITY MINERAL RESOURCES OIL ONSHORE WIND OPPORTUNITY COSTS PENALTIES PERFORMANCE STANDARDS POLICY ENVIRONMENT POLICY INSTRUMENTS POLICY MAKERS PORTFOLIO POTENTIAL INVESTORS POWER POWER GENERATION POWER INVESTMENTS POWER PLANT POWER PLANTS POWER PRODUCER POWER PRODUCERS POWER PROJECT POWER PURCHASE AGREEMENTS POWER SECTOR POWER SOURCES PP PRIVATE INVESTMENT PUBLIC GOOD PUBLIC UTILITIES PURCHASING POWER RAW MATERIAL RAW MATERIALS REAL ESTATE REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE ENERGY DEVELOPMENT RENEWABLE ENERGY SUPPLY RENEWABLE PORTFOLIO STANDARDS RENEWABLE POWER RENEWABLE SOURCES RENEWABLE TECHNOLOGIES RISK MANAGEMENT RULE OF LAW SILICON SMALLER TURBINES SOLAR CELLS SOLAR ENERGY SOLAR PANELS SOLAR POWER SOLAR PROJECTS SOLAR RADIATION SOLAR SYSTEMS SOURCE OF ENERGY STREAMS SURPLUS POWER SUSTAINABLE DEVELOPMENT SUSTAINABLE ENERGY TARIFF STRUCTURE TAX TAX CREDITS TAX EXEMPTIONS TAX INCENTIVES TECHNOLOGICAL CHANGE TOTAL COST TRANSMISSION FACILITIES TRANSMISSION LINES UNEP UTILITIES UTILIZATION OF RENEWABLE ENERGY RESOURCES VOLTAGE WIND WIND ENERGY WIND EQUIPMENT WIND POWER WIND POWER CAPACITY WIND POWER GENERATION WIND SPEED WIND SPEEDS WIND TURBINES One of the strong messages that came out of the recent United Nations Climate Change conference in Durban was that the private sector has to play an important role if we are to globally move toward a low carbon, climate resilient -- or "climate compatible" -- future. However, private investment will only flow at the scale and pace necessary if it is supported by clear, credible, and long-term policy frameworks that shift the risk-reward balance in favor of less carbon-intensive investment. The private sector also needs information on where to invest in clean energy in emerging markets, and it needs policy support to lower investment risk. Barriers to low carbon investments often include unclear and inconsistent energy policies, monopoly structures for existing producers, stronger incentives for conventional energy than clean energy, and a domestic financial sector not experienced in new technologies. With the long-term goal of promoting and accelerating the implementation of climate mitigation technologies, this study aims to facilitate development of a policy framework for promoting sustainable investment climates for clean energy investments in South Asia and elsewhere. A key aspect of the study is also the pilot construction of the Climate Investment Readiness Index for several countries. The index is a tool to objectively evaluate the enabling environment for supporting private sector investment in select climate mitigation or low carbon technologies. 2013-01-02T20:00:45Z 2013-01-02T20:00:45Z 2012-09 http://documents.worldbank.org/curated/en/2012/09/16773876/assessing-investment-climate-climate-investments-comparative-framework-clean-energy-investments-south-asia-global-context http://hdl.handle.net/10986/12032 English en_US Policy Research Working Paper; No. 6211 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research South Asia